Is OECD hyping China’s R&D spending?

Bruce Einhorn

Do the Chinese really spend more than the Japanese on R&D? That’s a question that I’ve been asking myself following the startling news from the OECD (Organization for Economic Cooperation and Development) that China’s total spending on R&D for the year will top $136 billion, surpassing Japan’s $130 billion and second only to the U.S.’s $330 billion. (Here’s the OECD press release from Dec. 4.)

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