It finally happened. According to the Organization for Economic Co-operation and Development, China invested US$1.03 trillion in research and development in 2024—surpassing the United States’ $1.01 trillion for the first time in history. After two decades of double-digit annual growth in R&D expenditure, the crossover was not a matter of if, but when. Now that […]The post China overtakes US in R&D, but genesis spark still lags appeared first on Asia Times.