China's economy: Is AI the next big growth engine?

0:00 China's AI Boom Could Be Just Getting Started 0:58 China Exports Are Finding New Markets Despite Tariffs 2:22 Why China's Consumer Spending Is Still Weak 3:39 China's K-Shaped Economy: Who Is Still Spending? 4:35 China Unemployment Is Rising: Why It Matters

China's July data showed a mixed picture, industrial output continued to benefit from the global AI investment boom and services spending kept climbing, even as retail sales cooled and investment stayed under pressure.

But one potential growth engine stands out: artificial intelligence and China's ability to innovate at lower cost.

CGTN's Sean Callebs spoke with William Lee, Chief Economist and Managing Director at Global Economic Advisors, about China's AI boom, exports, consumer spending, services, investment and the outlook for the world's second-largest economy.

#bizshow #China #ChinaEconomy #AI #ArtificialIntelligence #EconomicGrowth #Trade #Innovation #Technology 

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