China spends nowhere near as much as the US on basic research. The US spends $100 billion on basic research annually, compared to $25 billion in China. However

China spends nowhere near as much as the US on basic research. The US spends $100 billion on basic research annually, compared to $25 billion in China. However, total R&D is quite a bit closer, with the US spending $660b to China’s $556 billion. [1] [1] https://en.m.wikipedia.org/wiki/List_of_sovereign_states_by_research_and_development_spending https://en.m.wikipedia.org/wiki/List_of_sovereign_states_by_...