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This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.

This article was independently developed by The Economy editorial team and draws on original analysis published by East Asia Forum. The content has been substantially rewritten, expanded, and reframed for broader context and relevance. All views expressed are solely those of the author and do not represent the official position of East Asia Forum or its contributors.

In March 2025, an independent audit of 11 leading chatbots found that when confronted with news-related prompts, these systems either repeated false claims or dodged the question in more than 41% of cases; in barely three-fifths of responses did they deliver a competent debunk. Performance has plateaued across months despite expanded web access and retrieval tricks, suggesting a ceiling on short‑term progress.

This article was independently developed by The Economy editorial team and draws on original analysis published by East Asia Forum. The content has been substantially rewritten, expanded, and reframed for broader context and relevance. All views expressed are solely those of the author and do not represent the official position of East Asia Forum or its contributors.

The U.S. is set to implement reciprocal tariffs without delay starting August 1. Brazil, still without a trade deal, insists it "won’t wag its tail for Washington." China has extended its tariff truce with the U.S.

The U.S.

State-Led AI Ecosystem in China Declares Determination for Technological Self-Reliance Amid U.S. Sanctions Accelerates Pursuit of U.S.

No GPS trust. No U.S. signals. Jammed launches, stranded ships, compromised sites. Iran courts Beidou to escape surveillance and regain control. In a move that highlights the geopolitical fault lines in modern technology, Iran has officially abandoned the U.S.-led Global Positioning System and instead turned to China’s Beidou satellite network.

It reads your videos. It learns your files. Search expands beyond text and becomes personalized. Education and automation are at the forefront of new capabilities. In a bold update to its core platform, Google has rolled out AI Mode for its search engine, bringing semantically aware tools to video, camera input, and user files. The system no longer just retrieves links; it also analyzes them. It analyzes content, interprets visual and spoken data, and responds with context-aware answers. This evolution is not unique to Google.

Rates remain steady. Tariffs raise costs. Price relief lies months ahead. As the Federal Reserve wrapped up its July meeting, Chair Jerome Powell confirmed a cautious tone, stating that there would be no interest rate cut this month. The Fed wants more time to assess how recent tariffs will impact inflation. Although trade negotiations with major partners appear to be nearing a conclusion, the impact of the new reciprocal levies is only now starting to be felt.

This article was independently developed by The Economy editorial team and draws on original analysis published by East Asia Forum. The content has been substantially rewritten, expanded, and reframed for broader context and relevance. All views expressed are solely those of the author and do not represent the official position of East Asia Forum or its contributors.

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.

"Hiring Foreign Workers Reduces Jobs" Gains TractionUniversities Alarmed by Potential OPT Elimination

U.S. Market Position Shaken by Trump Tariffs Push to Secure Local Sellers Meets Resistance Business Model Hit, Temu Scrambles to Diversify Global Markets The fallout from former President Donald Trump’s tariff policies is undermining the U.S.

Revival of U.S.

U.S.-Centric Procurement Strategy AcceleratesTariff Pressure Threatens Supplier Bankruptcies

Build at home. Expand abroad. Lead globally. As the US tightens control, China deepens its AI roots. It’s not just a response, it’s a reinvention. As pressure mounts from Washington, China's leading artificial intelligence firms have launched an unprecedented collaboration. The goal is to establish a self-reliant, fully integrated AI ecosystem within the country, capable of withstanding external sanctions while also shaping the global discourse on how AI should be developed and governed.

A gate once open now starts to close. The stream of data begins to slow. What once was shared must now be earned. And every byte comes with a toll. For years, financial technology companies have thrived on open access to consumer banking data, allowing them to build tools for budgeting, investing, lending, and payments. But a recent move by JPMorgan Chase may redraw the boundaries of that ecosystem.