Saturday, 8 December 2018

Trade war weakens China’s position as leader in robot manufacture

Trade war weakens China’s position as leader in robot manufacture

Production among China’s robotics manufacturers is slowing as the trade war with the United States hits many of the industry’s biggest customers. There is great uncertainty for the sector’s outlook. The US and China agreed a truce at the weekend that avoided a scheduled increase in tariffs, but duties on US$250 billion of Chinese imports to the US remained.
Read more: https://www.scmp.com/economy/china-economy/article/2176649/us-trade-war-weakens-chinas-position-global-leader-automation?source=Snapzu

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