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Trade war

World's robot builders hit by China's capital spending slowdown

Fanuc, Mitsubishi Electric and Kuka forced to downgrade earnings forecasts

Chinese orders for Fanuc industrial robots have plunged.

TOKYO -- The Sino-American trade war has dampened appetites for capital spending among Chinese companies, taking a toll on earnings at manufacturers of industrial robots and machinery across the globe.

Three of the world's top four robot builders -- Japan's Yaskawa Electric and Fanuc and Germany's Kuka -- have now downgraded their full-year earnings forecasts.

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