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China AI Sector Collapses As 40 Percent Drop Wipes Out 480 Billion

China AI Sector Collapses As 40 Percent Drop Wipes Out 480 Billion

China's artificial intelligence sector suffered a dramatic market correction as a 40 percent drop in the STAR50 index wiped out $480 billion in value.

Business ·28 Oct 2026, 04:38 ·Maeve Turner 3 min read