China used its large market to play the capitalists against themselves. First to new market wins, so Western capitalists were begging to get in no matter what.
I do think that as China moves up the value chain, they should still improve and automate their low-value manufacturing. That way, they can never get cut off from needed goods. I don't know whether this is exactly what they are planning. If someone more knowledgeable could chime in, that would be great!
OP has posted in the past about how China uses robots for automation more than any country in the world (even the so called developed ones). I think the rate of adopting automation will keep on increasing.
China used its large market to play the capitalists against themselves. First to new market wins, so Western capitalists were begging to get in no matter what.
I do think that as China moves up the value chain, they should still improve and automate their low-value manufacturing. That way, they can never get cut off from needed goods. I don't know whether this is exactly what they are planning. If someone more knowledgeable could chime in, that would be great!
99 percent sure that China is doing this as well.
OP has posted in the past about how China uses robots for automation more than any country in the world (even the so called developed ones). I think the rate of adopting automation will keep on increasing.