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The Guardian

October 27, 2026

Chinese markets lose trillions as race for AI supremacy with US takes its toll

By AI Tool Hub Analyst

"Lack of profits and the threat posed by western countries are raising concern about the sustainability of Beijing’s AI boom Trillions of dollars have been wiped from China’s stock markets in recent months amid increasing anxiety about the future of artificial intelligence, as Beijing races against the United States for dominance in the sector. The STAR 50 Index, which tracks technology and innovation companies on the Shanghai stock exchange, has plunged 40% since June. Other indexes of major com"

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Original Source

This analysis is based on reporting originally published by The Guardian.

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Chinese markets lose trillions as race for AI supremacy with US takes its toll | AI Tool Hub