Chinese demand for robots increases as labor costs rise

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“China’s growing affluence and family planning laws have had dramatic effects on its workforce. Improved medical care has enabled older generations to live longer, and the one-child policy has effectively capped the younger generation’s size.  In 2000 there were six working-age citizens for each Chinese person aged 60 and up; 20 years from now, population experts predict, there will be only two. Young Chinese have no choice but to seek skilled, high-paying work to support their parents. They’re better educated than their forebears, and less interested in menial assembly-line labour. Robots may fill the jobs they’ve left behind.”

http://www.rawstory.com/rs/2012/11/13/chinese-demand-for-robots-increases-as-labor-costs-rise/

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