AI can raise productivity and expand GDP, but it can also render non-adaptive workers jobless.
The booming bike-sharing services have also bailed a lot of bicycle-making companies out of financial trouble as orders for new bikes have increased rapidly.
The authorities in a number of northern and eastern cities, such as Beijing, Hangzhou and Xiamen, have rolled out stricter measures to dampen property purchases and cool the real estate market.
Chinese people find it more complicated to convert the yuan into the dollar, although the $50,000 annual quota of foreign currency a person can purchase (or exchange) remains unchanged.
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