China’s AI spending alarms Beijing’s economists
The New York Times
Beijing’s economists are alarmed by China’s AI spending, according to The New York Times. The concern is tied to China’s economy being in its worst shape in decades. The issue is raised in the lead-up to Xi Jinping’s US visit.
Why it matters
The New York Times reported that China’s AI spending has alarmed Beijing’s own economists as the economy remains in its worst shape in decades. The timing comes days before Xi Jinping’s US visit.
