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China's time

Newsweek has a good story about how many young Chinese view the United States as a place to get an education, but they want to return to China because of its business opportunities.

Rana Foroohar writes: I asked one physics genius in a fuzzy pink sweater what her plans were after graduation. She had already lined up a scholarship to pursue an M.B.A. at Stanford. After that, she said, "I'll probably stay in the U.S. for a while and work at McKinsey or a venture-capital firm in Silicon Valley." Then, she continued, "I'll come back to China and start a company.

Read the full Newsweek story here.

Msnbc.com's John Schoen writes that China wants home-grown innovators.