The China That Can’t

China, which graduates at least 10 times more engineers than the United States and files far more patents, still is not anywhere near becoming an innovative nation. The US will remain ahead technologically for the foreseeable future and in fact, according to a new report by China First Capital, Hong Kong-based M&A firm,, is now more dominant in high-technology than it has been at any time in history. The US is home to most of the companies earning high margins, market shares and license fees for their proprietary technology and appears likely to stay there.

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