interesting video by cyrus janssen ... the whole video is interesting, but what was of most interest to watso was from 5:10 where there is commentary about how china dominates with brains/talent ..
1. dominates the world with STEM (science, technology, engineering & maths ) graduates
2. chinese universities dominate in the fields of mining and mineral engineering .. out of the top 10 . - china has the top 6 - followed by australia with the next 4
3. metallurgical engineering .. china hold top 5 positions .. america nos 6
4. chemical engineering .. MIT (ie america) is nos 1 - but that - china totally dominates (13 of the top 16 )
tim cook (ceo apple) explains why china is the best place to manufacture goods .. and it has nothing to do with cheap labour .. it is the precision equipment that china produces - and the skilled workforce ...
China has awesome infrastructure - and a super efficient worldwide distribution system ..
the reality is that america is slowly becoming a back water
