World Views | How much of China’s GDP was made in America?

China kicked off the year with a record expansion that even surpassed the glory days of the 1990s, when manufacturing and export stardom beckoned. The first-quarter performance — stellar as

World Views | The pandemic will be more deadly this year

Covid-19 is going to kill more people in 2021 than it did last year. If you want to see why, look at what’s happening in India. Cases have been surging in the country

World Views | EU’s bond bonanza will reshape the capital markets

The fixed-income landscape is set to be transformed as the European Union revs up to borrow $1 trillion by selling bonds in its own right. While talk of creating a market to

World Views | Don’t write off China’s vaccines — the world needs them

It’s been an awkward time for the head of the Chinese Center for Disease Control and Prevention. Gao Fu was cited over the weekend as telling a health conference that the agency was considering

World Views | The world’s biggest luxury group looks ready for a great year

Some good news for the luxury industry: There’s no sign of all that revenge spending running out of steam. Despite pandemic restrictions still gripping many parts of the world, LVMH Moet Hennessy

World Views | The FDA’s caution on the J&J vaccine is a costly mistake

The U.S. Food and Drug Administration’s decision to recommend a pause in distribution of the Johnson & Johnson Covid vaccine has been roundly — and rightly — condemned across the political spectrum. It’s clear that

Our Desk | Macau’s (new) low standards

In a region that survives almost exclusively on tourism and the service sector, we should expect that its service standards would be of a so-called “world-class level.” In reality, the attempt

World Views | Europe is heading toward a new financial crisis

Europe faces a predicament. Even as it struggles to contain the Covid-19 pandemic, it’s setting itself up for another crisis — this one financial. To ensure the viability of the

World Views | Where America’s vaccine triumph fell short

It’s not surprising that pharmacies are turning out to be fantastic at distributing Covid-19 vaccines. As Alex Tabarrok and I pointed out in February, they are literally everywhere — 86% of the US population lives within

World Views | Financial cooperation can help fight the pandemic

  The IMF’s new economic forecast offers encouragement to the world’s rich countries. They’re on track to recover strongly from the pandemic. For many poorer countries, the opposite is true: The end is

World Views | Hong Kong is giving itself another identity crisis

The Hong Kong government’s proposal to let directors obscure their identities on the companies register is a retrograde step that will facilitate fraud and corruption. Don’t take a journalist’s word for it.

World Views | Some of China’s grand plans have gotten a little smaller

China’s state planners are notorious as purveyors of billions of yuan of budgetary spending, intimidating industrial policy and soaring technology goals. The Five-Year Plan — Beijing’s periodic, Soviet-style economic blueprint — often sends shivers

World Views | Telemedicine will be great after Covid, too

People have been predicting the ascent of telemedicine since the 1920s, but even mass broadband use wasn’t enough to make it catch on. Doctors were too worried about losing income, privacy

World Views | Can the world survive without dollar diplomacy?

The Federal Reserve’s rescue of the global financial system one year ago prevented a public health crisis from degenerating into market chaos. When histories of the Covid-19 pandemic are written,

World Views | Airline change fees shouldn’t return after Covid

Airline change fees are a pre-pandemic relic and they should stay that way. In 2019, U.S. carriers generated $2.8 billion in revenue from penalizing customers for changing a flight booking, according to the Transportation

China Daily | Hyping lies about Xinjiang will always exact a price

  China will not stir up trouble, but it is not afraid of trouble either. That was the unequivocal message Beijing conveyed to the world last week. Showing that it refuses to

World Views | After Covid, let’s keep our masks on

It has been a year since the pandemic hit India and, for me, the oddest thing is how healthy I’ve been. Like most but not all of the people I

World Views | Museums sold more art during pandemic. Why go back?

The coronavirus has been rough on museums. An October survey for the American Alliance of Museums found that two-thirds had cut back on public programs, more than half had laid off

World Views | Let’s cut capitalism some slack

In the annals of 21st century capitalism, Covid-19 will go down as a pressure cooker. The pandemic has put enormous strains on livelihoods, individual well-being, healthcare systems, the viability of firms and

World Views | When is equal pay day for white women?

Every year, the American Association for University Women marks Equal Pay Day, illustrating how far into the new year women would have to work to make as much as men did the

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