China has 12½ times more robots in its workforce than expected, according to an independent think tank in Washington, an indication that Chinese workers are being replaced by robots at the fastest rate in the world.
“China does not yet appear to be leading in robotic innovation, but … it is likely only a matter of time before Chinese robotics companies catch up to the leading edge,” the Information Technology and Innovation Foundation (ITIF) said in a report released last month.
