Remember all those arguments by the likes of Hugh White that China would take over the global economy?
One of the favourite measures to prove it was intellectual property. Raw statistics show an overwhelming Chinese lead:
Chinese overlordship was inevitable, they said.
Except for a few small problems, such as:
- The greatest property bubble in history is now unwinding and slowing the economy.
- A violent deglobalisation process triggered by strategic thinkers that had more backbone than the likes of Hugh White.
- Doomed demographics and leadership tied to the flawed judgement of a tyrant.
Now, even the intellectual property case is starting to unwind. It seems Chinese intellects are now what they appear to be:
The Ministry of Education has asked the nation’s colleges and universities to look into the retractions of academic papers by their researchers, as Chinese scholars produced three-quarters of the highest-ranking scientific papers pulled by journal publishers last year.
The ministry also asked institutions of higher education to verify the reasons for the retractions and severely punish academic misconduct, according to recent notices published by universities including Suzhou University, Inner Mongolia Normal University and Heilongjiang University of Science and Technology.
Blow me down with a feather.
