3. China's science and technical talent pool is vast
The technical labor pool in China is so large that Shanghai-based offshore outsourcing company Bleum Inc. can use an IQ test to screen applicants, with a cutoff score for new computer science graduates in China of 140. Less than 1% of the population has a score that high.
Bleum has started hiring a U.S. workforce but sets an IQ score of 125 as a screening threshold because of the smaller labor pool. The company employs 1,000 people in China.
One data point to note: In 2005, the U.S. awarded 137,500 engineering degrees, while China awarded 351,500, according to a workforce study last year.
4. The U.S. is failing at science and math education
A stark assessment of the U.S. failure in science and math education was made by U.S. Sen. Kay Bailey Hutchinson (R-Texas) at a Senate hearing in May, when she compared the performance of students in Texas to those in China.
"In my home state of Texas, only 41% of the high school graduates are ready for college-level math (algebra), and only 24% are ready for college-level science (biology)," said Hutchinson.
"Furthermore, only 2% of all U.S. 9th-grade boys and 1% of girls will go on to attain an undergraduate science or engineering degree. In contrast to these troubling numbers, Mr. Chairman, 42% of all college undergraduates in China earn science or engineering degrees," she said.
More . . .