China population growth rate is declining. Most of the young people have higher education and they do not want to do repetitive manual work. As a result, wages are increasing continuously. To overcome these difficulties, China is using more robots to increase production. Moreover, robots unlike human, they are 100% obedient, punctual, tireless and most reliable. That is why China can produce things cheaper than most countries.
Old factory as shown below:
New modern factory as shown below:
China uses the most robots in the world. China is producing the most motor vehicles in the world with robots as shown above.
China Number of Registered Vehicles was reported at 319,000,000 Unit in Dec 2022. This records an increase from the previous number of 294,185,906 Unit for Dec 2021.
Beside motor vehicle manufacture, China also uses robots in many other manufactures as shown below:
Created by Koon Yew Yin | Jul 22, 2024
Recently one smart accountant pointed out to me that KP Property has millions of Redeemable Convertible Preference Shares (RCPS). This will affect its share price. I sold all my KPP shares to buy KSL.
Created by Koon Yew Yin | Jul 15, 2024
Currently Bahasa Melayu is taught in all Government sponsored schools. Bahasa Melayu is only good within Malaysia. All our overseas customers do not know Bahasa Melayu. I hope all our politicians...
Created by Koon Yew Yin | Jul 09, 2024
Created by Koon Yew Yin | Jun 28, 2024
no wonder jobless so high in china. will the world happy when left only few people since all replaced by robots? will $$$ with no friends or social life meaningful?
2023-07-22 18:44
then, many ghost cities with no occupants start emerging. is this is what govt intend to see?
2023-07-22 18:49
The simplest way for oneself keep feeling better is to put a blame on others. The whole world is owing me. See what what had happened to share price of glove counters...no problem as long as put the blame to JPM bad mouth since peak level. Lolz
2023-07-23 11:41
Why not much bad news about China in English mainstream medias for the last 2 years? Social medias had been actively ban news talking truth about eastern Taiko even though it's controlled by the Western. Why leh? The biggest problem was Wallstreet had invested heavily in China for the last few decades. They were delaying revealing the truth so as to unloading their assets to chives la including especially gullible believers of the eastern Taiko has arisen.
2023-07-23 13:53
speakup
bottom line: evil US & Western countries dont want China to become an Economic Superpower!
2023-02-13 07:41