China surpassed Germany to claim third place in global industrial #robot density rankings in 2023 with 470 units per 10,000 employees, more than doubled that of 2019 when China joined the global top 10, a report by the International Federation of Robotics showed Wednesday.
Semiconductor firms ASML, AMD, Qualcomm reaffirm China commitment
They joined about 400 other firms at the Intelligent Industry & Information Technology exhibition, part of the 2024 CIIE trade fair in Shanghai
https://t.co/LJoRaZDG69 via @scmpnews
Chinese automakers could more than double their overseas full-process manufacturing capacity to beat punitive import tariffs and meet surging demand in emerging markets, according to BloombergNEF
Demand, demand, demand...
https://t.co/MESLWCUUES via @business
China's greenhouse gas emissions have peaked. It will likely have lower emissions than the US by 2035 - despite having 4 times the population of the US, with a huge industrial sector.
This is due to enormous investment in solar, wind, hydro, nuclear power
https://t.co/zXkBGb3xbv
Huawei shows Chinese firms can profit by playing long game
Tech giant is challenging capitalist logic, and this is bad news for foreign rivals
https://t.co/ANycggPxhC
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There seems to be rising recognition in Beijing that non-productive investment in infrastructure is and has been a major problem for the Chinese economy: "the Ministry of Finance and five other government departments jointly issued...
https://t.co/38SpV12TP0
Chinese carmaker #Xpeng is in the early stages of researching where it can build a production facility in the EU as part of a strategy to reduce future costs caused by tariffs. #China#NEV#EU#tariffs https://t.co/zZcmMt9a57