At what? Book knowledge - certainly. A large number of the Chinese I've met, including PHD's, are often useless when required to do something non regurgitory or theoretical.
So what are you saying? That they are genetically predisposed to being stupid? Anyways, the people I am going to school with are the uber elite... They have to pay the government off to let them study here... more of insurance that they don't try to leave as some of the money is returned when they return.