There has been a lot of heated debate in the news media and the election campaigns about international trade. In the first presidential debate, candidate Donald Trump relentlessly flogged the issue, declaring that trade had hollowed out American industry. On the left, antitrade sentiment continues to simmer, much of it focused on opposition to the Trans-Pacific Partnership. Meanwhile, the economics …

  The latest food safety scandal in China might be its most damaging. Earlier this week, a former doctoral student at one of the country’s national testing centers for genetically modified organisms went public with allegations of scientific fraud, including claims that records were doctored extensively, that unqualified personnel were employed under illegal contracts and —most seriously — that authorities …

  Dubai / Reuters Saudi Arabia’s stock market fell sharply for a second straight day on Wednesday, leading the entire region down, in response to weak oil prices and government austerity measures. The Saudi equities index, which had retreated 3.8 percent on Tuesday, sank a further 3.4 percent to 5,534 points, its lowest finish since Jan. 21. It has tumbled …