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Boris Johnson Promotes Rising Wages Amid Shortages in U.K.

In a country bedeviled by acute shortages of goods and workers, Prime Minister Boris Johnson is portraying the chaos as a source of national revival.Gas stations in Britain have recently […]




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China Evergrande Gets Soft Treatment in Chinese Media

As China Evergrande Group teeters on the edge of collapse, videos of protesting home buyers have flooded social media. Online government message boards teem with complaints and pleas for intervention […]




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China’s GDP Growth Slows as Property and Energy Take a Toll

Volkswagen, the market leader in China, said on Friday that its production had been falling as the company faced an ever-worsening chip shortage and other supply chain issues. The company […]




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China’s Power Problems Expose a Strategic Weakness

BEIJING — A bread company can’t get all the power it needs for its bakeries. A chemicals supplier for some of the world’s biggest paint producers announced production cuts. A […]




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Global Tax Agreement Will Set 15% Minimum Rate

More than 130 nations agreed on Friday to a sweeping overhaul of international tax rules, with officials backing a 15 percent global minimum tax and other changes aimed at cracking […]




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As Europe Faces a Cold Winter, Putin Seizes on the Leverage From Russia’s Gas Output

MOSCOW — In Europe, the surge in the price of natural gas has halted factories, startled politicians and alarmed consumers fearful of a cold winter.For President Vladimir V. Putin of […]




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A Global Deal Aimed at Ending Tax Havens Gains Momentum

People with knowledge of the negotiations said that while the 15 percent rate was essentially a done deal, some of the world’s biggest countries continued to battle for exemptions to […]




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Why Wall Street Backs China Despite Beijing’s Tighter Grip

This year has been unsettling for Chinese business. The ruling Communist Party has gone after the private sector industry by industry. The stock markets have taken a huge hit. The […]




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U.S. Signals No Thaw in Trade Relations With China

The Biden administration could face an even more difficult task in reaching any trade agreement with China than the Trump administration did four years ago. Republican lawmakers are ready to […]