Raphael Minder (Extracted from "EU fears China's rising R&D spending", Financial Times, 10 October 2005)

"Within five years China will be investing a higher proportion of its gross domestic product in research and development than the European Union, as more western companies move their R&D Departments eastwards, the European Commission fears."

[Ed Because Chinese brains are slightly larger than ours, it is understandable that they do better than us on Western-devised IQ Tests. It is no wonder therefore that Western bureaucrats and politicians are finally getting the message that Western Europe (and America, too, having slightly lower average IQs than us) will lose out in the innovation business in the coming years. It may not be to mankind's ultimate advantage, of course. Perhaps China will meet disaster more spectacularly than Western Europe -- which, economically, is just quietly dying by regulatory suffocation. But if I were a galactic betting man I know where I'd put my money, unless Western Europe very shortly starts applying the results of the neurosciences of the last 30 years to its education policies.]