The report points out that EU investment in research is lower than in the US, Japan, Brazil, Russia, India and China, despite a rise in recent years, and that there are major differences between EU member states.
Novartis does have a big research lab in China, but this is partly because the company wants to participate in the science going on there.
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One of the reasons why I am so bullish on Taobao and Alipay is based on my on-the-ground research in China and discussions with users and competitors.
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In most cases the research they are doing is related to China, or to Japan-China economic relations.
This is a step in the right direction, says Director of Research John Derrick, as China tries to balance too-low growth with too-high inflation.
In investment circles, Rothman is known as a China bull whose punchy Sinology research series has been catnip for bulls.
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My firm's research suggests that business and consumer confidence there is high, that there is not too much leverage in China's marketplace (leverage, not high prices, is what causes dangerous real estate and stock bubbles) and that the government is investing smartly in infrastructure projects like rail lines, subways and clean technology initiatives that improve economic efficiency and lower the costs of doing business.
The bulk of new advertising spending over the next three years is expected to be in emerging markets, particularly China and Brazil, according to Zenith Optimedia, a research firm.
David Wilson, director of metals research, at Societe Generale, said recycling needs to take off in China, where little recycling is done so far.
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"I don't know of another system that is going to be anywhere near the performance and the power of this machine" in China, said Jack Dongarra, a supercomputer expert on the Oak Ridge research staff who is a professor at the University of Tennessee and recently inspected the system in Tianjin last week.
In complete disclosure, the research and consulting company that I help lead, China Youthology, is pursuing exactly this course.
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