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

China is developing its own competitive AI hardware and software and plans to export them once domestic demand is met, expert claims

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经济学家称,“中国冲击3.0”将由人工智能、生物技术和机器人出口驱动

The world is on the cusp of a “China shock 3.0” driven by exports of artificial intelligence (AI) , biotechnology and robots , which could hit harder than the current wave, a leading economist on China has said.

“We are already at the starting point of the China shock 3.0,” Alicia Garcia-Herrero, a senior fellow at Brussels-based think tank Bruegel and chief economist for Asia-Pacific at investment bank Natixis, told the South China Morning Post from Taipei after a virtual panel hosted by the Washington-based Peterson Institute for International Economics (PIIE) on Wednesday.

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