kuow.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kuow.org Daily Mail and Mail on Sunday newspapers.
s continued economic and technological rise,” because it is unstoppable.
Beijing is closing the gap with the US in research and development (R&D)
funding. Americans might not like the idea of being overtaken by China, but
this “milestone” will most likely “be reached within the next decade.”
In this regard “further attempts to stave off that outcome would be not
only futile, but also very costly.”
The author points out that China has “high savings rate