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  3. China acknowledges ‘temperature gap’ between tech boom and traditional slump

South China Morning Post

China acknowledges ‘temperature gap’ between tech boom and traditional slump

A top theoretical journal of the Communist Party has acknowledged that a stark economic divide exists between China’s booming AI sector and its struggling traditional industries. And while arguing that this divergence was not unique to China, the Qiushi Journal stressed that rapid technological advances must not leave ordinary citizens behind. In a commentary published on its website on Sunday, the journal conceded that there was an obvious “gap in temperature” in the world’s second-largest...

F

By Frank Chen

3 August 2026|1 min read|South China Morning Post
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Banking & Finance
China acknowledges ‘temperature gap’ between tech boom and traditional slump
China acknowledges ‘temperature gap’ between tech boom and traditional slump
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