China overtakes US to lead global R&D spending, hitting $615bn

Comments

• RonnyZittledong@lemmy.world ⁨1⁩ ⁨month⁩ ago

  We have the “stupid wars” spending on lockdown though!

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• MrSulu@lemmy.ml ⁨1⁩ ⁨month⁩ ago

  China also owns a LOT of the US national debt too.

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  • avidamoeba@lemmy.ca ⁨1⁩ ⁨month⁩ ago

    So you’re saying China’s R&D spending is even higher?? 😄

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    • MrSulu@lemmy.ml ⁨1⁩ ⁨month⁩ ago

      Its more an observation of their spending power and potential.

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  • Alexstarfire@lemmy.world ⁨1⁩ ⁨month⁩ ago

    Not really. Everything I’m finding indicates they own less than $1t, or ~2%. The vast majority of US debt is owned by US citizens.

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• Marija_@lemmy.zip ⁨1⁩ ⁨month⁩ ago

  Optimocracy still rewards builders.

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