The growing hype around AI doesn’t change the fact that 2021 was peak China. Given its demographic challenges and heavy debts, Beijing can’t do much about it.

The growing hype around AI doesn’t change the fact that 2021 was peak China. Given its demographic challenges and heavy debts, Beijing can’t do much about it.

Nominal GDP growth outpaces real growth for first time since early 2023, though sluggish demand signals need for further stimulus