Chinese Warning on Potential Bubbles in Robot Industry Raises Concerns

China’s top economic agency has issued a rare warning regarding potential bubbles in its burgeoning humanoid robotics industry. With over 150 companies in play producing simulacrums, concerns about authentic research and progress have surfaced. Reflecting past investment manias, China is set to ramp up the production to 10,000 humanoid robots this year, surpassing half of the global output. Beijing has outlined plans to expedite market operations and enhance convergence to maintain equitable competition and tangible applications. The National Development and Reform Commission of China expressed apprehensions about bubble hazards in the swiftly expanding humanoid robotics sector—the same sector that Tesla…