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Chinese manufacturing; betting its future on robots

Monday, November 18th, 2013 | Permalink

All Sites While on a recent trip to China, I read in the local China Daily that Zhejiang Province, a manufacturing hub that neighbors the commercial capital of Shanghai, would invest a staggering $82 billion over the next five years to encourage manufacturers to adopt more robots; this in order to overcome the short supply and high cost of labor that currently prevails in the coastal areas of China. read more

See the article here:
Chinese manufacturing; betting its future on robots