15 May 2006
Fake chip research shocks China

China is an acknowledged rising star in the world economy - their growth rate is staggering, and shows no sign of slowing down. As this article shows, they're also working feverishly to reduce reliance on foreign imports.

They must not have read the economists that keep telling us that reliance on imports is a good thing, and that we really don't need homegrown manufacturing or technical capabilities, when we can buy them cheaply abroad.

Or maybe they have.

There's a lesson here for us, if we've the wit to see it.

A top academic is fired after faking research into computer chips that aimed to end China's reliance on imports.

(link) [BBC News | News Front Page | World Edition]

07:55 /Politics | 0 comments | permanent link