Posted inChina, Germany, Japan, Middle East, Northeast Asia, Russia, World

High-tech China still can’t make decent bolts, or balls for pens

China recorded a total surplus of over US$100 billion in trade in technical equipment during the first eight months of 2017, according to data from the China Machinery Industry Federation. Advances in China’s manufacturing capabilities are most evident in the slew of indigenous, cutting-edge warships, warplanes and weaponry that have been rolled out for the […]