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China

Foreigners Snap Up Record Number of U.S. Homes

Diana Olick reports: Foreign purchases of U.S. residential real estate surged to the highest level ever in terms of number of homes sold and dollar volume. Foreign buyers closed on $153 billion worth of U.S. residential properties between April [...]

China Is Building a Robot Army of Model Workers

Can China reboot its manufacturing industry—and the global economy—by replacing millions of workers with machines? Will Knight writes: Inside a large, windowless room in an electronics factory in south Shanghai, about 15 workers are eyeing a [...]

China Restricts Exports of Drones, Supercomputers

China has been strengthening its control over its technology industry, as it seeks to avoid infiltration by foreign spies and build up globally competitive tech companies. Eva Dou reports: China is curbing its exports of advanced drones and [...]

#Robot Waitress Debuts in #Zhejiang

On Wednesday, a company in Yiwu, eastern China Zhejiang Province, has finally launched their first batch of catering robots that can deliver food to customers, and other types of robots such as security robots after a three-year endeavor. Such [...]

China’s Troubling Robot Revolution

China is now shifting its appetite to robots, a transition that will have significant consequences for China’s economy — and the world’s Martin Ford writes: Over the last decade, China has become, in the eyes of much of the world, a [...]

China to Mass Produce Industrial Robots

SHENYANG (Xinhua) — China’s first industrial robot production line is expected to start operation in the northeastern city of Shenyang this month. “China became the world’s largest industrial robot market in 2013 with 37,000 [...]

USAF Deploys First Advanced Drones to Japan

MISAWA AIR BASE, Japan –  The U.S. Air Force has deployed two of its most advanced long-distance surveillance drones to a base in northern Japan over the past week, enhancing its ability to monitor nuclear activities in North Korea and Chinese [...]