EWS AND UPCOMING EVENTS 34 NEWS AND UPCOMING EVENTS 33 Prof. Donald How Tian LOW published a commentary on Channel NewsAsia (CNA) on June 3, 2026. He put forward a core developmental paradox: while China holds world-leading technological strengths in new energy vehicles, renewable energy and arti cial intelligence, its macroeconomy and stock market remain under persistent pressure. He constructed a streamlined analytical framework connecting technological advancement, domestic consumption, the property sector slump and local government debt issues. He pointed out that technological advantages alone cannot drive comprehensive economic growth, as weak consumption and a depressed real estate sector keep squeezing corporate pro ts and dampening market con dence. Professor Donald Low further elaborated on the imbalance between massive domestic investment in AI and lacklustre stock market performance. Global capital is owing into overseas semiconductor sectors, leading to substantial market value losses for China’s leading tech rms. He warned that geopolitical restrictions on chips and the slow commercialisation of technological achievements would widen the gap between technical breakthroughs and tangible economic returns. In closing, he proposed coordinated balanced structural reforms covering consumption stimulation, property risk resolution and industrialisation of technological innovations, so as to translate technological strengths into steady, long-term economic growth momentum. Technological Strength without Growth? Prof. Donald Low Explores China’s Tech Advantage and Economic Slowdown
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