China Financial Firms Underinvest In AI
Financial firms in mainland China and Hong Kong are spending significantly less on AI than global peers, despite viewing AI as a strategic transformation driver, according to a PwC report based on a survey of 201 professionals and 20 interviews conducted between October 2025 and January 2026. PwC found 61% of firms allocate 10% or less of tech budgets to AI, indicating a 30–40% spending gap; top barriers include data availability (30%), regulatory concerns (20%), and core systems priorities (14%).
Scoring Rationale
PwC-backed survey reveals a notable regional AI spending shortfall, but limited sample size and shallow detail reduce depth.
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