China Research Spending Outstrips U.S. Despite Faltering Economy

China Research Spending Outstrips U.S. Despite Faltering Economy

Tariffs and further economic barriers only likely to drive spending on science and technology higher, analysts predict, amid hopes innovation can kick-start recovery. China continues to prioritize research and development despite the country’s slowing economy, with the drive for scientific self-sufficiency superseding economic development alone, according to analysts.