President Donald Trump’s onslaught of tariffs was initially meant to grow government revenue. However, they may have inadvertently enabled a multi-billion dollar tax scheme for the U.S. economy: Companies have found tactics to evade the sky-high tariffs and are engaging in fraud that could have dire consequences for the country, including lowered federal tax revenues
The White House said in a report on Thursday that more than 40 countries have helped China sidestep US tariffs by routing exports through nations that face lower American import duties. The countries named include Canada, India, Mexico, Japan and South Korea, which the White House said had helped China evade tens of billions of
Regulators and researchers spent the past year warning that Chinese AI models like DeepSeek come with Beijing’s censorship baked in, but a growing body of research suggests American AI models may not be entirely immune from it. A peer-reviewed study published in Nature found evidence that Chinese state-controlled media makes its way into AI training
China’s research sector has experienced spectacular growth over the past two decades. The increase in scientific output is due, in part, to a system that funnelled resources to researchers selected by prestigious talent-acquisition schemes. This approach has helped the nation’s scientists to publish in leading journals. Yet, a rapid expansion in the scientific workforce has
Christopher Nolan‘s “The Odyssey” will open on more than 20,000 screens across mainland China, including some 90% of the territory’s Imax footprint of nearly 800 sites, distributor data shows. Presale box office of the Universal title reached RMB39.5 million ($5.9 million) as of August 12 (Beijing time), with combined preview and presale grosses hitting RMB91
Former Chinese Premier Zhu Rongji, who spearheaded China’s entry into global trade and laid the foundation for its explosive growth, has died at the age of 97. He served in the country’s second-highest office from 1998-2003 and played a leading role in securing its entry into the World Trade Organization, opening Chinese factories to the