If so... what do you do about it, then? If Chinese people are just smarter than everybody else and smarter wins (both just theories, but if they're true)... we can't just will ourselves into getting smarter.
Individually we can't get smarter all of a sudden, but as a society we can provide better platform for the smartest of us to contribute: bring (quasi)meritocracy back; do away with all these AA nonsense. Not very feasible with the political climate right now (or just American culture in general - `nerd` is such a weird insult). We can't win them on quantity, but at least we don't lose outright. And no I don't think Chinese are just smarter, they just try gigahard because you gotta compete with the other babillion Chinese peers somehow, and there's no AA to save you