US demands that China either open up to increased foreign competition or agree on hard targets for boosting imports overlook the weakness of that nation’s economy. If President Donald Trump’s team doesn’t recognize this fragility and Beijing’s wariness, it overlooks a profound unspoken worry. Few are inclined to think of the Chinese economy as wobbly. According to official data, 2017 ...

The stronger dollar may have taken its toll on Turkey and Argentina but there is one notable exception to the stresses plaguing emerging markets – Russia. Investors have largely shrugged off the shock from US Treasury sanctions being imposed for the first time on specific Russian companies, notably aluminum producer United Co. Rusal. The MOEX Russia Index, the country’s benchmark, ...

Maybe Macy’s Inc. wasn’t just coasting on the holiday spirit after all. The department store giant said comparable sales in the first quarter were up 3.9 percent over a year earlier, blowing past analyst expectations. When you include sales at departments licensed to third parties, it was even stronger, up 4.2 percent over a year earlier. That robust growth followed ...