Website review: Move over US -- China to be new dri...
laodan discovered this in China
•1 reviews since Jan 24, 2008
globalization
•scienceblog.com/cms/move-over-us-china-be-new...
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laodan discovered 4 months ago- China soon to be new driver of world's economy and innovation in Science Blog by Georgia University
A new study of worldwide technological competitiveness suggests China may soon rival the United States as the principal driver of the world's economy - a position the U.S. has held since the end of World War II. If that happens, it will mark the first time in nearly a century that two nations have competed for leadership as equals. The study's indicators predict that China will soon pass the United States in the critical ability to develop basic science and technology, turn those developments into products and services and then market them to the world. ... "It's like being 40 years old and playing basketball against a competitor who's only 12 years old - but is already at your height - Newman said. "You are a little better right now and have more experience, but you're not going to squeeze much more performance out. The future clearly doesn't look good for the United States." China to be soon new driver of world's economy and innovation Georgia Tech's "High Tech Indicators" study We are witnessing an ultra-fast rebalancing of economic power among the world actors: - China shoots up in all fields. It established itself as the factory of the world and is now investing in science and technology and also in culture... - The US is immobilized in a debt trap of its own making that could take a whole decade to resorb. The awakening shall be rude and the country's exceptionalism shall now rapidly melt away.
- China soon to be new driver of world's economy and innovation in Science Blog by Georgia University
