The World According to Hayekian Insights
Monday, March 13, 2006
Just When You Think India is Ahead of China in R&D
According to a WSJ story, last year China's R&D spending accounted for 1.3 % of GDP. India, the fiscal year ended in March 2005, R&D spending amounted to 0.77 % of GDP.
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Gary M C Shiu
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