Okay, look…as a former trader of a large Asian bond account, and also an education entrepreneur with experience working with hundreds of Chinese clients both in China and the U.S., I get to have my own opinion here. Let me put it simply:

The notion that China is a rising technological marvel and economic powerhouse that will soon put the West to shame is its own absurdity.

China is still primarily a low value-added port of manufacture with highly limited expertise in cutting edge technologies outside of a handful of fields. There are still more well published experts in infectious diseases in the Southern U.S. state of Georgia than in all of mainland China, for instance.