Fastest Growing US Export To China: Education 147
hackingbear writes "While we are importing billions of 'cheap' products labeled 'Made in China,' the fastest growing export from U.S. to China does not even need a label. Chinese parents are acutely aware that the Chinese educational system focuses too much on rote memorization, so Chinese students have flocked to overseas universities and now even secondary schools, despite the high cost of attending programs in America. Chinese enrollment in U.S. universities rose 23% to 157,558 students during the 2010-2011 academic year, making China by far the biggest foreign presence. Even the daughter of Xi Jinping, the presumed next president of China, studies as an undergraduate at Harvard. This creates opportunities for universities to bring American education directly to China. Both Duke and New York University are building campuses in the Shanghai area to offer full-time programs to students there."
Re:Econ 101 (Score:4, Funny)
Mainly because america is the only culture that could come up with bacon wrapped chocolate dipped crack.
Go across the pond and they'd probably try making the crack into a white sauce, or bread it and soak it with balsamic vinegar.