2020 Chinese Robotics Sales & Investment Strong, But Challenges Remain – STIELER Research


Source: roboticsbusinessreview.com roboticsbusinessreview.com

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China has witnessed significant robotics sales and investment in 2020, a continuation of an earlier pattern. Still, young Chinese robotics companies face many challenges including a price sensitive domestic market, relatively low labor wages, trade conflicts and geopolitical tensions. By Georg Stieler | September 24, 2020 The Covid-19 crisis has hit all economies worldwide. China, which had the first major outbreak and went through a full lockdown in February and early March, appears to have found its way back to normal, at least at home. That includes the robotics sector. Earlier Struggles This does not mean that everything was fine,...