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Why China’s red-hot tech push is leaving some traditional sectors out in the cold (www.scmp.com)

submitted 3 weeks ago by rss@news.abolish.capital to c/china@news.abolish.capital

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With its cutting-edge humanoid robots busting moves on the world’s most-watched television programme and German Chancellor Friedrich Merz touring a company factory during a state visit, both within the last month, Unitree Robotics – already a household name in China – has seen its profile move into the stratosphere. And local government officials, eager to burnish their economies by strengthening ties to up-and-coming businesses, have made the domestic start-up’s founder and CEO Wang Xingxing a...

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