China's AI Surge Threatens US Tech Dominance, Analysts Warn of 'Tech Shock'

• China's rapid advancements in AI are challenging the long-standing US tech dominance, potentially leading to a "tech shock."
• Rory Green of TS Lombard states China has broken America's "perceived monopoly" in technology and AI, with the "China tech shock" just beginning.
• China combines advanced technology with emerging-market production costs, supported by a vast supply chain and significant government investment.
• Beijing launched a 60.06 billion yuan national AI fund and is advancing its "AI+" initiative, integrating AI across industries.
• A separate "China tech sphere" could emerge, especially in developing markets, offering low-cost alternatives to American and European tech.