CHINA BUSINESS COUNCIL

May 26 2026BUSINESS

New Tax Rules Make Giving to Charity Harder for Businesses

Businesses that donate money will find the rules tougher from January 2026. A new law, called the One Big Beautiful Bill Act (OBBBA), adds limits that cut into how much a company can claim as a tax deduction for charitable gifts. The effect is simple: a donation that once lowered the tax bill dollar

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May 24 2026TECHNOLOGY

China’s Space Plans: A Year in Orbit and a Race to the Moon

China is gearing up for a major space mission this weekend, sending three astronauts to its Tiangong space station for a year-long stay. This isn’t just a routine trip—it’s a test of human endurance in space, with one crew member staying far longer than China has ever attempted before. The mission a

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May 22 2026POLITICS

Diplomacy Over War: How the U. S. -China Meeting Could Change Iran’s Future

China’s relationship with Iran isn’t just about oil deals or trade—it’s a complex game where Beijing uses Tehran as a pawn in its bigger strategy. While China pretends to play peacekeeper, it quietly fuels Iran’s military and crackdowns. Reports show China has supplied Iran’s Revolutionary Guards wi

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May 20 2026POLITICS

China Cuts Food Tariffs for U. S. , Still No Clear Plan

China has announced that it will lower duties on American food items as part of a larger trade agreement, but the details are still fuzzy. The decision came after President Donald Trump and Chinese leader Xi Jinping met in Beijing last week, during which the U. S. said China would buy $17 billion of

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May 17 2026ENVIRONMENT

New Tools Fight Desert Spread in China’s Farmlands

China has started fresh projects to stop farmland from turning into desert, especially in the western province of Xinjiang. Scientists at the local ecology institute are trying new ways to hold back sand, reduce wind damage and tackle salty soils that threaten crops. These experiments are part of a

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May 17 2026BUSINESS

Easier Farm Trade Between China and the US?

China and the US have agreed to make it cheaper and simpler to buy and sell farm products between the two countries. This news came after leaders from both nations met in Beijing recently. The goal is to lower taxes on certain goods and solve old problems that have slowed down trade for years. Even

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May 14 2026TECHNOLOGY

The AI race heats up as businesses switch to a new leader

Businesses in the U. S. are now more likely to pay for Anthropic’s AI tool than OpenAI’s. In April 2026, Anthropic’s adoption hit 34. 4%, while OpenAI’s dropped to 32. 3%. The shift happened quickly—just a year ago, OpenAI led with 32%, and Anthropic barely registered. What changed? Anthropic’s codi

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May 10 2026TECHNOLOGY

Why CEOs Need to Start Thinking About AI That Works in the Real World

Business leaders have spent years focused on AI that helps with office work and data analysis. Now, a wave of new AI is emerging—one that moves, interacts, and performs tasks in warehouses, factories, and even dangerous places. Unlike the AI that answers customer service chats, this technology blend

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May 05 2026FINANCE

AI‑Driven Tax Audits Push China Toward More Strict Enforcement

China’s new Golden Tax IV system, built on big data and AI, is reshaping how the country collects tax. By linking customs, banking, utilities and company records into one giant database, the system can spot irregularities across all sectors. The move comes as China’s fiscal deficit has grown sharply

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May 03 2026BUSINESS

Trains Rush as China Welcomes Holiday Travelers

China’s rail network saw an unprecedented surge on the first day of the spring holiday, transporting 24. 8 million passengers in a single day – a record for any one day in the country’s history. The national railway authority released this figure, highlighting how busy the system becomes when people

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