> Even EU can't compete with the US on funding and high tech skilled wages(excep...

> Even EU can't compete with the US on funding and high tech skilled wages(except London and Switzerland which aren't in the EU)

1. Because EU isn't a centralized nation. Maybe one day.

2. It is a vassal of the US.

> what makes you think India and China can?

Because they have to.

> To develop companies that can threaten the established US ones you need more than educated capable brains, you need massive amounts of VC funding

I don't think china is desperate for funding. And china has already created such companies. That's why china is being sanctioned.