The tariff burden from the US-China trade conflict is “falling almost 100 percent on China,” President Donald Trump’s senior economic adviser Larry Kudlow argued last week. But take a look at what’s happening to business investment in the US, and it’s obvious Kudlow is wrong. Some businesses stand to gain from the president’s trade policy — especially those that compete ...

The term “Down Under” as a somehow blessed space separate from the realities of the rest of the world really ought to be banished, at least from discussions about economics. The direction of monetary policy in Australia and New Zealand is headed upside down after years of exceptionalism. As four central ba-nks across Asia reduced int- erest rates last week, ...

While China’s industrial sector crashes, one corner is booming. Oddly enough, it’s probably bad news for participants. Fixed-asset investment in mining increased 27.4 percent from a year earlier in July, continuing an extraordinary run this year that puts growth at the fastest pace in a decade. One commodity is likely to have dominated: Investments in mining and preparing coal have ...