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China AI Bubble Bursts, $480B Lost, Bitcoin Remains Stable

China AI Bubble Bursts, $480B Lost, Bitcoin Remains Stable

China's speculative artificial intelligence market has collapsed, erasing $480 billion in value across the STAR50 index while cryptocurrencies like Bitcoin remained stable.

Business ·28 Oct 2026, 16:35 ·Maeve Turner 4 min read