China’s Surprising Strengths in Innovation

A recent McKinsey Global Institute report titled "The China Effect on Global Innovation" finds that China has the potential to evolve from an innovation sponge - absorbing and adapting global technologies and knowledge - to an innovation leader. As a matter of fact, China is far better at innovation than is generally known and, in some kinds of innovation, is already emerging as a global leader.

Jonathan Woetzel and Jeongmin Seong McKinsey Glabal Insititute via CHINA US Focus http://ift.tt/1N4aVSW