New York Times: China Drawing High-Tech Research From U.S.:

For years, many of China’s best and brightest left for the United States, where high-tech industry was more cutting-edge. But Mark R. Pinto is moving in the opposite direction.

It’s one thing for a Chinese engineer to return back to China for better career opportunities. However, when a CTO of a major American company relocates to China, that really caught my attention. I still remember the misplaced fear in the 80s that Japan Inc. will surpass our economy. That didn’t happen. The other instructive point from the New York Times article is how it shreds the long-time rap against Asian countries: the one about being a nation of copiers. If the R&D and innovation is moving to China, watch out.