China economic miracle and Ph.D. production

"SHANGHAI - Often overlooked in the "miracle" of China's rapid economic development over the past three decades is the "miracle" in the massive number of PhD graduates it now produces.

China is expected to replace Japan as the world's second-biggest economy - after the United States - this year or the next in terms of gross domestic product. But by 2008, it had already surpassed the US as the world's top producer of PhD holders - despite post-graduate programs only resuming in 1978 after the turmoil of the Cultural Revolution."

Source: Asia Times Online