Are these local Chinese brands?
Chinese Economics Thread
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Hendrik_2000
Lieutenant General
It also include foreign owned factory like ABB has big present in China in 2019 they built large robot factory in china
But I am sure Chinese own factory like Siasun can give them a run for the money
As of March 2017, more than 800 companies in China were directly involved in robot manufacturing, and by the end of 2017, there were over 6,500 companies relating to robotics. Major Chinese robotics players include SIASUN and DJI Innovations.
Development primarily focuses on servo control, motor, and reducer, human-machine interaction techniques, robot vision and intelligent speech, and underwater robots, among other technologies.
The rapid growth in China’s robotics industry is . Foreign companies such as Nachi-Fujikoshi and FANUC have franchised with KUKA, Reis Robotics, Staubli, and ABB to establish production facilities in China – not only sales or integrated offices. The Taiwanese electronics giant Foxconn is another major robotics player in China.
Government incentives have also allowed Chinese companies to acquire Western robotics technology companies. For example, in 2016, Midea Group acquired KUKA, one of the world’s largest robot manufacturers, to advance its home appliance production.
With strong government interest in the robotics industry, a large and growing number of Chinese companies, and foreign companies that often hold the most advanced technology, there are a number of different actors involved in the industry.
China Celebrates Surpassing US in Trade with EU for the First Time
China has welcomed its new status as the top trading partner of the European Union, another achievement of the fast-rising People's Republic whose ascent in the international order has drawn concern and criticism from the United States and, to some degree, other Western powers as well.
The statistics, shared with Newsweek by the EU's official European Statistical Office, showed that the volume of Chinese-EU trade from January through September of this year to be 425.5 billion euros, or roughly $516.8 billion, overtaking the U.S. and EU's 412.5 billion euros, or about $501 billion, from those same first three quarters of 2020.
China has welcomed its new status as the top trading partner of the European Union, another achievement of the fast-rising People's Republic whose ascent in the international order has drawn concern and criticism from the United States and, to some degree, other Western powers as well.
The statistics, shared with Newsweek by the EU's official European Statistical Office, showed that the volume of Chinese-EU trade from January through September of this year to be 425.5 billion euros, or roughly $516.8 billion, overtaking the U.S. and EU's 412.5 billion euros, or about $501 billion, from those same first three quarters of 2020.
And yet Asian stocks, especially Chinese stocks are down because Trump is preparing to sanction Chinese officials over Hong Kong. It would be really better for China's economy if China had better relations with the US.
Hendrik_2000
Lieutenant General
Since when is stock market the barometer of real economy. There is disconnect between wall street and real economy .Wall street might be doing well but with 50 million American unemployed and 7 million will go hunger this winter with foodline stretching to kilometer common in big cities. I won't call American economy is doing great. NObody in china is going hungry there is no food line in China right now No mass demonstration
Here in San Antonia
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Hi gadgetcool5,
The REAL economy is doing very good, Speculation economy is doing bad, which one do you prefer? I know my preference
Coolgadget about to give the "why can we be friends" speech again.... Remind me how that worked out for the Native Americans, or more recently for the Japanese during 80s...Hi gadgetcool5,
The REAL economy is doing very good, Speculation economy is doing bad, which one do you prefer? I know my preference
Likewise it would have really been better for the health of a gunshot victim if he had better relations with the active shooter...
Stocks=/= Real Economy. Stock market is the playground of the 1% . It doesn't concern commoners.