President Donald Trump has made a welcome retreat from his threats to scrap ‘the worst trade deal maybe ever signed anywhere.’ His administration’s plan for renegotiating the North American Free Trade Agreement, released this week, is surprisingly benign. Granted, the administration’s declared purpose for those talks — to reduce the US trade deficit — highlights its weak grasp of basic …

India is solidifying its position as the fastest-growing economy among the Group of 20 nations, surpassing China since 2015 with a boost from a financial industry that is winning the confidence of global investors. Financial markets can improve living standards by channelling savings, allocating credit and reducing the cost of producing and trading goods and services. In India, the financial …

On a recent trip to Shenzhen, in southern China, I came across a subway busker with two tip jars. The first was a cardboard box filled with coins and bills; the second was a small QR code taped to the box that allowed passersby to leave a tip by smartphone. On one level, this was simply smart business: Chinese made …