I'm just a new poster, but I feel that I want to respond to the last particular point. Most of the bio labs being set up in China are due to more lax laws regarding research into these fields, such as stem cells and the like. While western nations are mixing in religion into science, and slowing down progress in their respective fields, the rest of the world has a much more open view of the matter. Singapore boasts some of the most advanced bio research facilities in the world for instance, and they regularly receive western scientists who are tired of always being bogged down in the west.
It's not necessarily because Asians are now smarter or Westerners are dumber. Most of the time, it's just Westerners working in Asian labs due to more freedoms in research there. Freedoms brought about by Asia's burning desire to match or surpass the west.
As for the stealing matter, stealing is stealing as the other said. But students going into western schools and universities is not stealing anything, merely exploiting the advantage they will have by going to these schools.
China has stolen western technology either by direct theft, or through indirect tech transfers with other nations. (Like Israel, who receives a lot of western technology and money, and has no real qualms about selling some to China.)
The West has stolen Chinese technology. Simply because there were no IP laws in the past doesn't stop stealing technology any different. Only the name of the act has changed, while the act has remained the same.
To side step this whole stealing issue all together, it would be preferable to say that Humanity as a whole is simply evening itself out, and newer, better advancements will result over all.
