🤖 China bets on smart robots as a driver for economic growth
◾Investments exceeding 5 billion dollars in just one year
◾More than 150 companies competing in a crowded market with similar products
◾Human-like robots still have limited practical capabilities
◾A gap between technological promises and real commercial application
◾Artificial intelligence is presented as a solution to save the sector from slowdown
◾Broad government support lowers prices and increases competition
◾Concerns about the survival of companies unable to achieve profitability, according to The New York Times
◾The sector is approaching a harsh sorting phase between winners and losers#الصين #اقتصادالصين
