gambit
PROFESSIONAL
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Sure...Defense is high tech! Healthcare can be considered "half high tech" because it drives much of biotechnology.
I think services are not limited to restraunt and retail, they include strategic areas like finance, technical consultants and outsourced engineering design. however, I agree somewhat. The industrial production of China just outpaced that of the US. This indeed means that the US is starting to fall behind in production of real goods.
China vs. US: Manufacturing comparison - Business News - Manufacturing Digital
The 11.5 million workers in the US has the same productivity as 100 millions in China. This is just another epic failed 'analysis' from you who were proven equally spectacularly wrong about semincon manufacturing. No wonder people suspect the lot of you to be paid mouthpieces of the Chinese government...However, productivity is still a massive issue. IHS's Head of World Industry Services Mark Killon points out: The US has a huge productivity advantage in that it produced only slightly less than Chinas manufacturing output in 2010 but with 11.5 million workers compared to the 100 million employed in the same sector in China.