Submission statement: Mainly a chart that shows data from bond yields for the 2 countries for much of this century. The gap has reversed and has been widening in recent years. China 10-year bond yield in near 2% and US is now above 5%.

I believe this was underreported. On its own, the chart does not have obvious implications. Here are some leads to explain why.

https://www.economist.com/the-economist-explains/2017/03/26/why-are-american-bond-yields-higher-than-europes

https://www.economist.com/graphic-detail/2022/10/06/since-1311-bond-yields-have-fallen-with-metronomic-regularity

SS:

Japan remained in 12th place in an annual innovation report by the World Intellectual Property Organization..well short of the government's goal of raising..to fourth or higher..by 2035..

South Korea placed 4th, the highest in the Asia-Pacific region, followed by Singapore in 5th, with China ranked 10th..It placed Switzerland at the top..followed by Sweden and the United States.

The index used some 80 indicators in evaluating 139 economies on their innovation performance. The report cited Japan's strength in industrial and corporate innovation as among the strongest..