China’s ‘robot revolution’ affects rest of the world

Greater inequality: Economists say automation may drive productivity gains and export competitiveness, but the rising use of robots also threatens to exacerbate domestic income inequality, undermining consumption. — AFP

BEIJING: China is installing more robots than any other nation, and that may affect every other nation.

Shipments jumped 27% to about 90,000 units last year, a single-country record and almost a third of the global total, and will nearly double to 160,000 in 2019, the International Federation of Robotics estimates.