Merck chief executive Kenneth Frazier deserves congratulations for resigning from a White House business council to protest President Donald Trump’s shameful response to last weekend’s white supremacist riot in Charlottesville, Virginia. So do two other CEOs who followed his example. More corporate leaders should do the same. It’s in their interest to do so. Corporate leaders lend credibility to a ...

China is the largest market for General Motors, but there is no GM China. Instead, there is SAIC-GM, a joint venture between China’s largest state-owned auto company and GM.All auto companies operating in China have a similar partner, such as SAIC-Volkswagen, GAC-Toyota and Changan-Ford. And the partners are typically state-owned companies, and their names come first. Doing business in China ...

China’s budget and trade scolds should pause for reflection. Debt racked up by China’s government, companies and households will likely balloon to almost 300 percent of gross domestic product by early next decade, the International Monetary Fund projected in its annual review of the country’s economy. Big, for sure, and a risk to global financial stability. But anything less would ...