China Adviser Warns AI May Worsen Imbalance
Artificial intelligence could deepen China's economic imbalance between strong supply and weak demand. A central bank adviser urged Beijing to boost consumption and household income.
Artificial intelligence could deepen China's industrial supply imbalance, a central bank adviser warned on Saturday morning. The warning arrives amid persistent property downturns and cautious consumer spending across the domestic economy. Policymakers face mounting international pressure from the United States to shift toward consumption-led growth.
