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Is China Pumping the Brakes on its Transition to a Services-Based Economy?

August 13, 2018 By James Lord

The World Bank estimates that up to 77% of jobs in China could be made redundant by machines in the long term. Investing in robots will become more attractive for manufacturers. The Chinese government also pledges to make China a “world factory” of robots. But real changes are much slower. Reports say that large numbers of workers are still used on production lines doing repetitive tasks such as scrubbing speaker systems with toothbrushes. Despite the fact that China’s labor costs are six times higher than 10 years ago, workers are often still cheaper than robots in short term.

Filed Under: All Articles, China, Chinese Economy, Economy, Employment, Know China, Manufacturing, Talent Tagged With: Automation, China's Labor Market

China, the World’s Automated Factory

December 21, 2016 By Matthew Fulco

Over the past 25 years, China has become the world’s preeminent manufacturer, churning out everything from running shoes to Apple products. Powering that ascent was heavy foreign direct investment combined with a seemingly inexhaustible pool of cheap labor. But now, as the Chinese economy slows, wages rise and the workforce atrophies, the decades-long manufacturing boom may be ending. To help deliver China from industrial decline, the Chinese leadership is betting on automation. However for Beijing to become the world’s robotic leader, there is an even more complex issue behind updating robotic technology: how to handle the displacement of large numbers of Chinese workers?

Filed Under: All Articles, Chinese Economy, Manufacturing Tagged With: Automation, Factory, Robots

Ed Hess on Building the New Age Learning Organization

October 22, 2014 By Bennett Voyles

To stay relevant in the future, individuals need to learn much more quickly and differently. That entails a different kind of learning organization.

Filed Under: All Articles, Best Practice, Conversations, Entrepreneurship, Innovation, Q&A Tagged With: Amazon, Artificial Intelligence, Automation, Entrepreneurship, Google, Leadership, Robotics, Slider

CKGSB Knowledge Fall 2014 Issue: The Alibaba IPO and Variable Interest Entities

August 29, 2014 By CKGSB Knowledge

The Fall 2014 issue of CKGSB Knowledge is out! It has articles and interviews like: COVER STORY:  Around the World: In a circuitous way, billions of dollars rely on an international game of legal cat and mouse. China’s top companies use variable interest entities, but now the Alibaba IPO is shining a light on this legal grey area. CHINA BY NUMBERS:  From […]

Filed Under: All Articles, China Tagged With: Alibaba, Alibaba IPO, Automation, Automobiles, Baidu, Electric Cars, Electric Vehicles, Green Investment, Greentech, Intellectual Property, Luxury, Patents, Property, Robotics, Samsung, Sina, Slider, Variable Interest Entities

The Future of Work: Hello robot, goodbye worker

May 31, 2012 By Bennett Voyles

How will the progress of IT and automation change the future of work? In 1988, Harvard Business School Professor Shoshana Zuboff predicted that the working world was on the verge of a revolution in which many jobs would be “informated”-automated and computerized in ways that would greatly extend human capacities even as it dumbs-down the […]

Filed Under: 2012, All Articles, Connections, Digital Economy, Emerging Economies, Employment, Finance, Innovation, Know China, Manufacturing, Technology Tagged With: Automation, Foxconn, Hal Varian, Internet of Things, Labor, Manufacturing, Robotics

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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