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EconomyFormer PBOC governor: AI gains and financial risks need global attention

Former People's Bank of China governor Zhou Xiaochuan said AI applications could boost productivity, while heavy investment in AI infrastructure could threaten financial stability. Speaking at the 2026 Bund Summit in Shanghai, he called for international cooperation and warned failed investments could cause financial turbulence or a crisis.

artificial intelligencefinancial risksproductivityBund Summit

CCGTN★★★☆☆2026-10-20 08:13Original

Former PBOC governor: AI gains and financial risks need global attention
Former PBOC governor: AI gains and financial risks need global attentionEconomy