Inside China's AI strategy to outpower the U.S.

Peter Alexander of Z-Ben Advisors discusses reports of the Shanghai Futures Exchange planning for an AI token futures market. He said it is about "burying the U.S. in electricity". Highlighting China's massive surge in token usage, Alexander argues that while the U.S. focuses on compute constraints, China is leveraging its vast electrical grid to scale adoption. He adds for investors looking for true China exposure, they need to look beyond Hong Kong, and at A-shares.