Originally Posted by Vladimir-S
It's very interesting... Chinese also invited gunpowder, the magnetis compass, paper and printing, paper money, etc... (all these we know since school). But after "discovering" China by Western people they just "borrowed" all these technologies and spread them rapidly and widely in thier own Western economy...
Here's the full info. "The Needham Puzzle: Why the Industrial Revolution Did Not Originate in China" by Justin Yifu Lin, University of California, 1992.
Link to 1,5mb PDF.
Look at it this way, China may have invented paper money, but it shouldn't be printing Euros or Dollars now should it? Europe invented the car. China can build its own variations of cars, but it shouldn't make exact copies of other's cars. The devil is in the details.