China's Tech Challenges: Deflation and AI Rivalry

This chapter explores the economic hurdles faced by China's industrial sector, particularly focusing on deflation driven by overcapacity and fierce price competition. It analyzes the struggles of state-owned companies, the implications of the sluggish property market, and the complexities within China's booming artificial intelligence industry. The discussion raises critical questions about the sustainability of current business practices and the potential need for policymakers to respond to these ongoing challenges.