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Automation? Though china are not half bad themselves.

Or bet on china crashing their housing bubble and take their currency stability and industry with them. But we've been predicting that for well over 10 years and it hasn't happened yet.

... and it would be quite useful to have local industry to replace it with, or we just end up crashing the USD aswell when nobody can produce anything.

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One of the largest robotics manufacturers in the world has recently had its ownership transferred from Germany to China. And there’s already multiple dark factories inside China which can produce smartphones without any light, because there’s no humans left in the building. So if you want to outcompete China on automation, you basically need to be the best in the world.

If by recent, you mean in 2016, then sure that’s recent in terms of 5000 years of Chinese history.

German Kuka were aquired 2016 yes indeed. But kuka is only 6th largest by market share. Swizz and Swedish ABB robotics is largest by market share and is still European.... hoold on... nonnononnno

https://new.abb.com/news/detail/129685/abb-to-divest-robotic...

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