donderdag 31 juli 2025

China vs. World in $4.160 billion Manufacturing output

 China vs. World in $4.160 billion Manufacturing output



📌 China's $4.16 trillion manufacturing output in 2024, as reported by the World Bank, surpasses the combined $4.11 trillion of the USA ($2.49T), Germany ($845B), and India ($781B), highlighting its dominance at 26% of global production despite recent trade challenges.
📌 Automation gives China a competitive edge, with more factory robots per worker than the USA or Germany, per the International Federation of Robotics, allowing it to maintain low export prices amid trade wars, though this raises concerns about job losses, with Goldman Sachs estimating 16 million at risk in China.

Geen opmerkingen:

Een reactie posten