Chinese markets lose trillions as race for AI supremacy with US takes its toll
Chinese equities have shed trillions of yuan as investors grow uneasy about the country's push for artificial‑intelligence dominance amid competition with the United States. Analysts cite weak profit margins and heightened geopolitical pressure from Western nations as factors that could undermine the long‑term viability of Beijing’s AI expansion, prompting broader market skepticism in the coming years.