China’s slowest population growth in decades may be felt more acutely beyond its borders than within them. The economy will keep humming and incomes can continue to climb, albeit at a
Times are tough when you’re wrestling with Covid-19, recession — and a rapidly recovering America. The U.S. offers superior rates of growth, a prospect once considered outlandish, and a bullish prognosis on
The European Union’s Covid-19 vaccination rollout had looked like a crossbetween a bad joke and a bad dream. Almost everything that could go wrong did: Logistical failures, supply delays, the odd diplomatic incident
Away from the cryptocurrency craze, important changes are taking place in how financial institutions move funds. Unlike the upcoming digital yuan or the keenly awaited Britcoin and FedCoin, a wholesale version of electronic cash might never
It hasn’t been an edifying few days for Hong Kong. After a domestic worker from the Philippines was found late last week to have contracted a more infectious strain of Covid-19 locally, all 370,000 foreign
Forty years ago, a newly elected American president declared government the source of many of the nation’s problems, reshaping the parameters of U.S. politics for decades to come. , President
Google’s parent Alphabet Inc. is turning out to be one of the biggest winners of the economic reopening trade. On Tuesday, the company posted first-quarter sales results that were significantly higher than expected.
Even before the Covid-19 pandemic hit, the trend toward freer movement of goods, capital and people known as globalization was facing severe headwinds in the form of trade wars, refugee
The original Earth Day on April 22 in 1970 drew Americans’ attention to their planet. This year’s is designed to draw the planet’s attention to Americans. President Joe Biden’s climate conference, kicking off on Thursday,
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
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
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
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
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
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
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
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
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
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.
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
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