James Kynge
👤 SpeakerAppearances Over Time
Podcast Appearances
And many of the colleagues and friends I had that were around that age, um, they were just sort of either trying to move to America or, or somewhere in Europe, or they were just saying, you know, this is just too much.
I think we'll move to an outlying city where the pace is slower.
We can afford cheaper accommodation and, uh,
we'll move out of the fast lane of the big cities like Beijing and Shanghai.
Well, I tried to choose one that is related, although tangentially, to the population issue.
Of course, as China, well, I'm not going to say runs out of people, but as the number of Chinese people declines, and as the number of people who are willing to do labor in factories also declines, I think Chinese factory robots...
this year will exceed a market share domestically that's inside China of 60%.
That compares to last year, 57%.
It may not sound like a huge increase, but we're talking about market share that Chinese
factory robot makers are taking away from foreign brands such as Fanuc, ABB, Yasukawa, etc.
And I also think that Chinese exports of factory robots this year will grow at around 60% again.
That's a growth rate compared to last year.
By the way, these factory robots, we're not talking about humanoid robots.
These are really production line robots.
So they'd be like an automated arm moving things from one place to another or doing some other type of manipulation.
So that's my prediction.
Alice, what about you?
That's a very interesting and big call.
And I'm James King.
Yeah, Alice, I mean, it's really hard to know whether this frenzy is justified at the moment.