Beijing Ups R&D Competition With U.S. -- Washington TimesBEIJING — Stepping up its long-running struggle with the United States over access to technology, China this year embarked on a campaign to target advanced industries such as aerospace, medicine and information technology for its next stage of development.
Those industries are long-standing strengths in the U.S. and important sources of wealth and high-paying jobs. Many in Washington remain reluctant to see a rising competitor in the economic and geopolitical spheres gain access to valuable trade secrets and technical know-how.
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My Comment: China is now graduating more students in the sciences and engineering fields than the U.S. .... and with no restrictions on copying US patents (as well as avoiding royalties) .... I suspect that they are going to give many U.S. institutions a run for their money. But will they surpass the U.S. in R&D .... I have my doubts.