New China-Russia CR929 plane will depend on Russian technology

The passenger jet, which the PLA may well adapt for military use, is likely to draw on expertise from the Russian side, some of it dating back to the Soviet era Efforts by Beijing and Moscow to develop a wide-body passenger jet known as the CR929 are reportedly off to a good start following the … Continue reading New China-Russia CR929 plane will depend on Russian technology

Advertisements

Automatic Job Storm Coming

BY JOHN MAULDIN Almost every weekday, some arm of the US government issues some sort of economic statistic. News media and financial analysts review and report it. Then 99.9% of the adult population, and probably 90% of the financial industry, forget all about it. And they’re probably right to do so. The monthly jobs report isn’t … Continue reading Automatic Job Storm Coming

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

Digital adaption to decide Asia’s future winners

Region is set to drive a ‘Fourth Industrial Revolution’ that leverages communication tech into innovation and growth but many will struggle to keep up with change By Alan Boyd Millennials are encountering a yawning technological divide as they begin to transform the way businesses are run in Asia. And ‘connectivity’ studies indicate that the gap … Continue reading Digital adaption to decide Asia’s future winners

South Korea introduces world’s first ‘robot tax’

South Korea has introduced what is being called the world’s first tax on robots amid fears that machines will replace human workers, leading to mass unemployment. The country will limit tax incentives for investments in automated machines as part of a newly proposed revision of its tax laws. It is hoped the policy will make up for lost income … Continue reading South Korea introduces world’s first ‘robot tax’