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Economist warns of 'China shock 3.0' driven by AI and robots

Original: ‘China shock 3.0’ to be driven by AI, biotech and robot exports, economist says

An economist argues that a third 'China shock' is emerging, this time driven not by cheap consumer goods but by exports of artificial intelligence, biotechnology and robotics products. The prediction suggests China's next wave of global trade disruption will hit advanced technology sectors, raising concerns among policymakers and industries in developed economies that have so far viewed themselves as insulated from Chinese competition.

Why now: Fears about China's technological upgrading disrupting global markets are a live debate among economists and trade policymakers.

ChinaSouth China Morning Post

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