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Chinese markets lose trillions as race for AI supremacy with US takes its toll
Trillions have been wiped from China's stock markets recently, with the STAR 50 Index down 40% since June. As competition with the U.S. heats up, concerns grow over weak consumer demand and the impact of tech bans.
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Trillions have been wiped from China's stock markets recently, with the STAR 50 Index down 40% since June. As competition with the U.S. heats up, concerns grow over weak consumer demand and the impact of tech bans. Full story and more reels: https://newsreel.video #news #breaking #China #stockmarket #AI #technology #economy #investing
Originally reported by The Guardian.
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