China’s decline may be looming. Here’s how the U.S. can win, if it so chooses.

In the percentage of all baccalaureate degrees granted in engineering, the United States ranks 76th globally. Twenty-three percent of U.S. PhDs are in science, technology, engineering or mathematics; in China, 79 percent. Augustine says a “substantial” reason for U.S. proficiency in STEM subjects is immigration: 28 percent of U.S. university faculty members in science and engineering were born abroad, as were 38 percent of American Nobel laureates in chemistry, physics and medicine since 2000. “And nearly half of U.S. Fortune 500 companies had a founder who was an immigrant or the child of an immigrant,” Augustine says.

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America’s choices can win the competition with China. The United States can choose more-welcoming immigration policies, including retaining foreign nationals who earn about one-third of science and engineering PhDs from U.S. universities. The U.S. government can choose to spend much more than 0.2 percent of GDP on basic research. (This percentage has declined in 20 of the last 28 years, and now ranks 29th globally.) The United States has, after all, 16 of the world’s 25 best universities, according to the Times Higher Education 2022 ranking. And while China’s allies (North Korea, Iran, Russia) represent 17 percent of global GDP, the United States and its closest allies — counting just Europe and Japan — represent almost 50 percent.

Meanwhile, China is choosing to make itself stupid.

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