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 | Apr 22, 2024
Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:
Created by Koon Yew Yin | Apr 22, 2024
Sendai price chart below is showing its price trend reversal. It is hitting a record high.
Created by Koon Yew Yin | Apr 18, 2024
After the stock closed yesterday, KSL announced its 4th quarter EPS which is 40.76 sen and its net tangible asset (NTA) backing of Rm 3.65. Its profit increased by 230% more than last year.
Created by Koon Yew Yin | Mar 29, 2024
Currently Sabah Government does not know that solar panel produces the cheapest electricity???
Created by Koon Yew Yin | Mar 23, 2024
During my life time I saw every Prime Minister being replaced by another politician for one reason or another. Dr Mahathir managed to stay the longest time of 22 years.
Created by Koon Yew Yin | Mar 04, 2024
All property developers have just announced their annual profit for 2023. All of them reported increased profit.
Created by Koon Yew Yin | Mar 04, 2024
Although my writing of this article sounds boastful but I feel that it is important to keep this record for posterity. Engineers play a pivotal role in shaping our modern world.
Created by Koon Yew Yin | Mar 01, 2024
What can KSL do to benefit shareholders? I hope all the shareholders will read this article so that they can attend the coming annual general meeting to vote out those directors who are seeking re...
Created by Koon Yew Yin | Feb 29, 2024
After the stock market closed, KSL announced its 4th quarter ending Dec 2023 EPS of 12.74 sen. The total is 40.76 sen for 4 quarters. Its total EPS for 4 quarter ending 2020 was only 17.8 sen.
Created by Koon Yew Yin | Feb 29, 2024
KSL is the cheapest in terms of PE ratio. KSL Holdings Bhd is a holding company. It is engaged in real estate services.
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