Japanese robot maker taps China’s demand for automation

Local partner crucial as Yaskawa Electric leads the way for other makers YURI MASUDA, Nikkei staff writer TOKYO -- As China's production lines become increasingly automated, several Japanese industrial robot makers have established partnerships with local players, eager to increase their presence in the world's largest manufacturing market. Since 2015, Yaskawa Electric, one of the top … Continue reading Japanese robot maker taps China’s demand for automation

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Technology changing travel habits for millions of Chinese

Over 700 million traveled over the 8-day holiday break, with 6m going abroad; Russia and Southeast Asia were the most popular destinations By Ben Kwok Phew – you can almost sense the relief on the mainland after China’s ‘Golden Weekend’ officially ended on Sunday. Over the eight-day-long holiday China enjoyed a tourism boom with an … Continue reading Technology changing travel habits for millions of Chinese

China’s Alaska deal makes Russia shudder

Three Chinese state-run corporations signed an agreement with the government of the US State of Alaska on the production of liquefied natural gas on the territory of the state with its subsequent transportation to China. The contract is evaluated at 43 billion dollars Dmitriy Sudakov Noteworthy, the deal is paid for by US securities - … Continue reading China’s Alaska deal makes Russia shudder

Standard & Poor’s China rating downgrade makes no sense

By Ken Moak How any supposedly objective credit-rating agency downgrades a country’s creditworthiness when its financial position is stronger and more stable than those of the developed countries, as Standard & Poor’s did recently, is beyond comprehension. This author has noted in response to a previous downgrade by Moody’s Investors Service that China’s total debt-to-GDP ratio was … Continue reading Standard & Poor’s China rating downgrade makes no sense

Western contempt for China turns to panic

Economic boom continues with electronics industry domination and infrastructure growth through trillion-dollar Belt and Road Initiative By Spengler Not since the British garrison at Singapore surrendered to Gen. Tomoyuki Yamashita in 1942 has Western opinion of an Asian power changed so fast. When China’s 2015 stock market bubble popped, prevailing Western opinion held that China’s … Continue reading Western contempt for China turns to panic