From The Financial Times, via Howard French’s A Glimpse of the World:
Having become workshop to the world, is China poised to storm the bastions of its high-technology industries? Thanks partly to foreign expansion by Huawei, telecommunications equipment maker, and a few other Chinese companies, the idea is starting to be taken seriously abroad – above all in the US, ever jealous of its technological pre-eminence.
Some commentators predict China may rival US information technology leadership in only a decade. Its scientific achievements also provoke awe. Stephen Minger, a stem-cell scientist who led a UK fact-finding mission to China last year, says he was stunned by the sophistication of its medical research and laboratories.