China’s most pressing short-term economic challenge is weak domestic demand, driven by a lack of consumer confidence. When Chinese consumers refuse to spend, they hoard cash, creating a savings glut ...
Over 70% of AI models built since 2017 are from the ... by rising populations," Draghi says. As a result, any economic growth will have to come as a result of increased productivity.
As Wright noted, “The primary reason that China’s economic slowdown is structural in nature is one that Beijing acknowledges: ...