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  • TIME

    China’s AI boom

    Aug 13, 2021 2 minutes
    BY KAI-FU LEE

    FOR MANY YEARS NOW, CHINA has been the world’s factory. Even in 2020, as other economies struggled with the effects of the pandemic, China’s manufacturing output was $3.854 trillion, up from the previous year, accounting for nearly a third of the global market.

    But if you are still thinking of China’s

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