Lest we get stuck in the old thinking that China may be catching the US economically, but it is still a relative slow learner intellectually, these data tell a different tale. Measured by the output of scientific papers China now rivals the US. They did it by growing their output four fold since 2000. That defines the present.
Looking at the future, we see that China is now home to 11% of the world’s top 100 universities while they are sending loads of students to the best schools in the US. Of foreign born students in the US, China is number one with 32.5% of the total followed by India, which sends 17.3%. Source: Bloomberg