Stocks erased early losses, snapping a selloff in the S&P 500 that was driven by concerns about the trajectory of interest rates.
The S&P rose by 2.5% during Friday’s trading, adding to a 3.95% weekly gain, despite the index being down over 18% since the start of the year.
February 24
Rising automation power China aims to be a world robot champion by 2025
2 days ago
WORLD MARKETS
Stocks erased early losses, snapping a selloff in the S&P 500 that was driven by concerns about the trajectory of interest rates
FEBRUARY 24
2 days ago
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China has unveiled a set of ambitious goals to enhance automation in manufacturing, as it strives to become a global leader in bringing robots to the factory floor.
Under a five-year plan jointly published by several government agencies, including the Ministry of Industry and Information Technology, China aims to achieve a minimum annual growth of 20 per cent in robotics sales, and develop a group of industry champions to double the “robot density” of the world’s most populous country.