Chinese central-bank adviser warns AI could deepen a supply-demand imbalance.

Huang Yiping, a member of the People’s Bank of China monetary policy committee, said artificial intelligence could deepen China’s imbalance between strong supply and weak domestic demand. Reuters reported that he called for market-oriented reform and a larger household share of national income.

Huang also argued that overseas investment and cooperation would be preferable to relying mainly on exports. He proposed greater central-government borrowing to help repair the balance sheets of local governments, financial institutions and companies.