Chinese local governments are being advised to reassess their strategy towards infrastructure investment. In an attempt to dodge the dangers of excessive spending, think tanks recommend these debt-laden authorities to discern when to apply the brakes.

For the first time in half a decade, China experiences a contraction in its industrial robot sales due to 'constricting demand'. It's predicted that this year's total industrial robot deliveries will only hit around 300,000 units, marking a 5 per cent decrease from the figures of 2023.

Agibot, a trailblazing company based in Shanghai, has announced a milestone in the field of robotics. The company, founded by a former prodigy from Huawei, disclosed that it has successfully mass-produced 962 commercial humanoid robots as of December 15.

Given the slowing economic growth due to lacklustre consumption, it's high time for policymakers to rethink their strategies. Enhancing labour rights and implementing better wealth distribution could be potential game-changers in stimulating demand, rather than solely banking on technology for economic revival.