CE#627: China Is Replacing Its Workers With Robots (Business Insider)

China’s manual labor force is rapidly declining as the population ages and more people go to school. That trend, and government programs, are pushing up wages. In order to remain competitive, the country is going to have to invest an incredible amount in modernizing its industries.

The size of China, and the fact that it is only now beginning to ramp up its transformation means that there is enormous room for growth.

The great infrastructure boom in China might be slowing, but the automation boom is just starting.

Full article:

Read more: http://www.businessinsider.com/credit-suisse-chinese-automation-boom-2012-8?op=1#ixzz241wtk6T9


  1. Leave a comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: