The Great R&D Divide: China, Europe, and the Profitability Trap

I found interesting data comparing R&D spending among the largest Chinese and European construction companies in a recent Construction Briefing article. The Chinese giants easily led in dollars spent, dwarfing their European counterparts. The leaderboard Chinese state-owned construction giants invest billions of dollars annually in R&D. Here are some examples: China State Construction Engineering Corp (CSCEC): […]