Just about everybody assumes that China will overtake the US as the world’s indispensable economy. One factor, however, could slow its seemingly relentless march and cast doubt on China’s prospects for becoming an advanced economy: faltering productivity. Sure, China is advancing daily in wealth, technology and expertise. But nothing is inevitable in economics. As costs rise and the labor force ...

Greece is considering tapping the capital markets for the first time in three years. Let’s hope its second attempt to regain market access goes more smoothly for investors than its first. A bond sale in July or September is being considered — if a deal on debt relief is reached, and the European Central Bank adds Greek debt to the ...

Strolling through the bustling construction zone of Amazon’s urban campus in Seattle, you instantly recognize the charm offensive the company has aimed at its hometown. ‘Banistas’ at two outdoor stands offer bananas to employees and passers-by — a visual cue to Amazon’s smiley logo. Most American cities would do backflips to have a jobs juggernaut like Amazon.com Inc. in their ...