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Machinery & Industrial Equipment

Chongqing bets on Japan's robot makers for rebound from auto slump

'China's Detroit' welcomes new industry as property bubble looms

A Fanuc robot at a Tokyo trade fair: The company looks to supply cutting-edge manufacturing systems out of Chongqing.   © Reuters

CHONGQING -- The city dubbed "China's Detroit" is rolling out the red carpet for Japanese robot makers as its all-important auto sector stalls, with Suzuki Motor exiting Chongqing while Ford Motor and Hyundai Motor struggle there.

Representatives from over 30 companies worldwide attended the Chongqing Mayor's International Economic Advisory Council on September 28. Kawasaki Heavy Industries CEO Yoshinori Kanehana and Fanuc Chairman Yoshiharu Inaba, along with leaders from Mitsui & Co. and Sumitomo Mitsui Banking Corp., were among those present.

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