People walk near a commercial and residential complex in Beijing on November 8, 2026. (Photo by GREG BAKER / AFP via Getty Images)

People wait to cross a road outside a shopping mall in Beijing on November 8, 2026. (Photo by GREG BAKER / AFP via Getty Images)

A man stands in a shopping mall in Beijing on November 8, 2026. (Photo by GREG BAKER / AFP via Getty Images)

(FILES) This picture shows Aramco tower in the King Abdullah Financial District (KAFD) in Riyadh on March 3, 2025. Multiple witnesses told AFP on November 8, 2026 that Riyadh's financial district was targeted and the area's Aramco building was damaged, after the Saudi-led coalition fighting Yemen's Houthis said it had intercepted missiles launched by the group. (Photo by Fayez Nureldine / AFP via Getty Images)

(FILES) This picture shows Aramco tower in the King Abdullah Financial District (KAFD) in Riyadh on March 3, 2025. Multiple witnesses told AFP on November 8, 2026 that Riyadh's financial district was targeted and the area's Aramco building was damaged, after the Saudi-led coalition fighting Yemen's Houthis said it had intercepted missiles launched by the group. (Photo by Fayez Nureldine / AFP via Getty Images)

A man fills a water storage tank from a clean water tanker truck in Kavling Bakau Serip, as local residents in nearby areas face clean water supply disruptions exacerbated by high water consumption demands from the expanding artificial intelligence (AI) data center hub at Nongsa Digital Park in Batam, Riau Islands, on November 3, 2026. Cooking and bathing became difficult when taps ran dry in Batam, an Indonesian island where data centres are springing up to power the global AI boom despite residents' protests. (Photo by ANDARU / AFP via Getty Images) / TO GO WITH: Indonesia-Malaysia-Singapore-Economy-Technology-AI-environment. FOCUS

Residents extend a supply hose to fill a barrel with clean water from a tanker truck in Kavling Bakau Serip, amid local water shortages linked to the intensive water requirements of the growing artificial intelligence (AI) data center developments at Nongsa Digital Park in Batam, Riau Islands, on November 3, 2026. Cooking and bathing became difficult when taps ran dry in Batam, an Indonesian island where data centres are springing up to power the global AI boom despite residents' protests. (Photo by ANDARU / AFP via Getty Images) / TO GO WITH: Indonesia-Malaysia-Singapore-Economy-Technology-AI-environment. FOCUS

This aerial picture shows the Nongsa Digital Park (NDP) area, a hub for artificial intelligence (AI)-based data center and digital infrastructure development, in Batam, Riau Islands, on November 3, 2026. Cooking and bathing became difficult when taps ran dry in Batam, an Indonesian island where data centres are springing up to power the global AI boom despite residents' protests. (Photo by ANDARU / AFP via Getty Images) / TO GO WITH: Indonesia-Malaysia-Singapore-Economy-Technology-AI-environment. FOCUS