Part 9/15:
While this strategy could enable China to eventually close or even surpass the US in certain AI domains, it carries significant risks. If the investments prove ill-founded, the country might face enormous financial losses and stranded assets amid a sluggish economy, surging debt levels, and demographic challenges. Currently, China’s approach appears to be leveraging its energy advantage to turn the electricity grid into a tool for technological independence—an industrial weapon aimed at the global AI race.