TechAI's potential to deepen China's supply-demand imbalance
Reuters reports that a Chinese central bank adviser said AI could deepen and prolong the country's imbalance between strong supply and weak demand.
TLDR
AI could deepen and prolong China's strong-supply, weak-demand imbalance, a central bank adviser said, according to Reuters. The remarks add to calls for policies that bolster consumption and repair balance sheets across the economy.
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AI's potential to deepen China's supply-demand imbalance
Reuters reports that a Chinese central bank adviser said AI could deepen and prolong the country's imbalance between strong supply and weak demand.
TLDR
AI could deepen and prolong China's strong-supply, weak-demand imbalance, a central bank adviser said, according to Reuters. The remarks add to calls for policies that bolster consumption and repair balance sheets across the economy.