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Chinese manufacturing; betting its future on robots

from Plastics Today

Stephen Moore writes: "While on a recent trip to China, I read in the local China Daily that Zhejiang Province, a manufacturing hub that neighbors the commercial capital of Shanghai, would invest a staggering $82 billion over the next five years to encourage manufacturers to adopt more robots; this in order to overcome the short supply and high cost of labor that currently prevails in the coastal areas of China." more

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