At a recent business conclave in Mumbai in the context of the “Make in India Week,” CNN’s famed foreign affairs commentator Fareed Zakaria made an innocuous suggestion to India’s Finance Minister Arun Jaitley during the course of an interview. “Another area of job creation which strikes me,” said Zakaria, “is not quite ‘Make in India’ but ‘Visit India.’ ” Citing ...

China recently announced that it is relocating 9,110 villagers to make way for a giant telescope that — among other tasks — will search for extraterrestrial life. Once the unlucky residents are gone, the government will get down to the real business of the world’s largest radio telescope: attracting the scientific talent necessary to transform China’s economy. That won’t be ...

As the world’s equities markets are buffeted by bouts of intense volatility, analysts have started uttering a chilling phrase: bear market. China’s markets have entered this territory, and the US might not be too far behind. That possibility invariably leads to speculation that the declines are harbingers of worse to come, in other words, a recession. This question has attracted ...