To cool down Chinas overheated robotics industry, go back to the basics It’s been a tumultuous few years, but China’s manufacturing industry is now on the rebound. Once an industry characterized by low-end manufacturing and intensive labor, it has transformed into a high-end manufacturing hub aided by technology. Automation and robotics has the potential to modernize China’s manufacturing while improving labor efficiency and alleviating labor shortages. Predictably, companies and investors want to capitalize on this trend. Robotics has been a hot sector for a while, but its popularity has shot up over the past couple of years. The sector recorded...