Xi Jinping warns against China’s overinvestment in EVs and AI

Chinese President Xi Jinping suspected a hasty inquiry in a nationental investment in the AI and the home industry. Like Anxiety is growing and Trump’s Trump’s trade war with Chinese ramps, the world’s second largest economy is a rapid growth technological fields to be competitive.

However, XI thinks the strategy is defective. Reported China’s president sent a message about an overview of the two-day central city business conference in Beijing.

“When it comes to projects, there are several things – there are artificial intelligence, computational strength and new energy transport,” he said, correct the front page Daily peopleOfficial newspaper of the Communist Party. “Should they develop all the provinces in the country in these areas?”

This Financial times Xi, Xi, says that the rush promotes the development, but does not face the results, the officials continue to criticize. “We should not pay attention to how much GDP grow and how much GDP has been built and how much debt is,” Xi said. “We should not pass the buckets in some people and leave the problems to future generations.”

So far, there is no suggestion that China has directly referred to the sectors. This week, The US government continues to sell the AI chips to China, it was reported that the company held $ 8 billion. First, the H20 AI was closed due to the sale of GPU to China, the nation’s servicemen could help.

The Chinese is the global leader in the household industry and the country also receives US in Robotaxi. It was This week, Uber, thousands of Chinese companies go to autonomous vehicles to autonomous vehicles to autonomous vehicles and in the United States, which are not in the United States.