China's AI Bust: What Went Wrong | The Palki Sharma Show | IGR | India Global Review
China’s AI-fuelled stock market boom is unravelling. Chinese markets have lost around $2.4 trillion in six months as investors retreat from heavily valued AI and technology shares. Beijing is now stepping in: 31 securities firms and fund managers sought around $15 billion in short-term funding through a central bank swap facility. Authorities are also encouraging technology companies to buy back their shares with the help of cheaper loans, after already putting around $19 billion into exchange-t
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