Favorable views of China and confidence in President Xi Jinping have increased in many regions while approval of the U.S. and President Donald Trump has declined or remained low, a new global Pew Research Center survey has found.

Chinese President Xi Jinping has signaled a shift in economic strategy, criticizing the unbridled investment frenzy in artificial intelligence (AI) and the electric vehicle (EV) industry. According to tech news outlet Engadget on Friday,

Chinese President Xi Jinping has bluntly questioned a nationwide rush of investment into the AI and EV industries. As deflation anxiety grows and Trump’s trade war with China ramps up, the world’s second largest economy is turning to fast-growth tech industries to remain competitive.