Business

Crisis in World Trade Signals Globalism’s Failure

News Analysis WASHINGTON—Globalization, the most powerful economic force to have shaped the world over the past two decades, is now giving way to a new world order. Souring sentiment against globalization, particularly in developed countries, […]

Business

IMF Warns That China’s Savings Rate is Shrinking Fast

The International Monetary Fund reported that China is suffering its first series of annual current account deficits in 25 years because its savings rate is shrinking fast. The IMF’s mission since its 1945 founding has […]