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China’s National Development and Reform Commission has issued a stark warning regarding a possible bubble formation in the country’s humanoid robotics industry. The agency highlighted the surge of similar robots being developed by over 150 companies within the sector, highlighting the need to prevent market saturation. This call for caution underscores Beijing’s apprehensions about excessive investments pouring into an industry considered a primary driver of the economy. Past instances in sectors like bike-sharing and semiconductors serve as cautionary tales for potential repercussions. UBTech Robotics Corp. shares saw an increase following these concerns, amid suggestions of sector consolidation. The surge in…
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