Re:Will China’s Economy Hit a Great Wall?
by nopinsight on Tuesday January 15, 2019 @11:56PM
(#18918339)
My prediction: To reinvigorate the economy, China will invest even more heavily in technological R&D as a form of economic stimulus since the last round of 2008 stimulus already resulted in some superfluous infrastructure.
Its R&D spending as a percentage of GDP is already head & shoulders above most other developing economies and in fact above several Western European economies (it is close to the level of France) but still below Japan and South Korea, for example.
Its R&D spending as a percentage of GDP is already head & shoulders above most other developing economies and in fact above several Western European economies (it is close to the level of France) but still below Japan and South Korea, for example.
https://en.m.wikipedia.org/wiki/List_of_countries_by_researc...