Trade war? Then that should make Chinese consumer stocks a good buy. To be specific — domestically focused brands. Many are resilient because Chinese consumers remain their most important market. Some appliance makers are even more popular at home after buying foreign firms. Take baijiu distillers Kweichow Moutai Co., a company more valuable than McDonald’s Corp., and Wuliangye Yibin Co. ...

Private equity firms have a bone to pick with technology companies: Stop competing with us for deals. From Singapore to India, rivalry is mounting for coveted assets. It’s little wonder. The likes of Alibaba Group Holding Ltd., SoftBank Group Corp. and Tencent Holdings Ltd. have deep pockets and plenty of patience. They invest in firms such as Paytm Mobile Solutions ...

Privatisation of India’s state-run economy has been hobbled by an extreme reluctance to cede control over companies that ultimately are vehicles of power and patronage. Except for a brief period in the early 2000s, when a minister dedicated to such disposals tried to drop “the baggage of 50 years of socialist discourse”, the preferred strategy has been to sell a ...