US trade boss warns of oversupply of bad robots because of Chinese government subsidies

 

China’s appetite for industrial robots is big and growing. Already the largest buyer of the machines, domestic companies are being encouraged by the Chinese government to build more robots locally, not just import them from overseas. 

Such high-powered encouragement has led to the establishment of numerous robot manufacturers in the country, some of which take advantage of government subsidies.

This has prompted criticism from US commerce secretary Wilbur Ross (main picture), who grumbled about a range of issues, but singled out China’s burgeoning robotics industry, which he apparently believes is built mainly on government subsidies.  Continue reading US trade boss warns of oversupply of bad robots because of Chinese government subsidies