Innovative region: China

Recent figures have shown that the developing world, spearheaded by India and China, now represents 85% of the world’s population and accounts for 60% of global GPD compared with 33% a few decades ago. In a recent article, the Sydney Morning Herald claimed that Chinese people were among the most positive and optimistic about the future, with a level of confidence bettered only by India, Indonesia and Iceland.

The Australian newspaper based this assumption on a number of facts. According…