‘China shock 3.0’ to be driven by AI, biotech and robot exports, economist says

What happened: Economist Alicia Garcia-Herrero said the world is at the starting point of a "China shock 3.0," driven by exports of artificial intelligence, biotechnology and robots. Why it matters: Garcia-Herrero, a Bruegel senior fellow and Natixis chief economist for Asia-Pacific, said this wave could hit harder than the current one.

Economist Alicia Garcia-Herrero said the world is at the starting point of a "China shock 3.0," driven by exports of artificial intelligence, biotechnology and robots.

Garcia-Herrero, a Bruegel senior fellow and Natixis chief economist for Asia-Pacific, said this wave could hit harder than the current one.