DFace News🇨🇳 Chinese Tech Stocks Face AI Ambition Strain
The push for artificial intelligence leadership is creating financial turbulence. Chinese stock markets have lost trillions of dollars in value over recent months, with a key technology index on the Shanghai exchange falling 40% since June. Other major market indexes have also dropped by roughly 20% in that period, amid concerns over company profitability and competitive pressure from Western nati…
Source: The Guardian