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Robot demand points to signs of life in China's capital spending

Industry barometer Yaskawa's order book better for third quarter in a row

Yaskawa Electric's Kitakyushu factory in southwestern Japan: The company is one of the world's biggest markers of factory robots. (Photo courtesy of Yaskawa Electric)

TOKYO -- A closely watched indicator of Chinese demand for industrial robots is showing a slower decline, adding to signs of improvement in factory investment in the world's second-largest economy.

Japan's Yaskawa Electric reported Thursday an 11% year-on-year drop in robot and other orders for the September-November period, compared with the preceding quarter's 13% decline.

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