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China surpasses U.S. in research spending and the consequences extend far beyond scientific ranking and clout

China surpasses U.S. in research spending and the consequences extend far beyond scientific ranking and clout

China’s rapid rise in science has hit a milestone. The country’s investment in research and development has reached parity with – and by purchasing power measures has surpassed – that of the United States, according to a March 2026 report from the Organisation for Economic Co-operation and Development. Both nations…

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