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A city of 50 million? China wants three of them

  By any measure, Shanghai is one of the world’s biggest cities. It’s home to more than 24 million people. Its subway system is the longest ever built, extending to its rural limits. Crowds are so thick that burly “shovers” get paid to help pack the trains. Now the local government is saying enough is enough: Documents released this week ...

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The transatlantic squabble over Apple’s back taxes

  The U.S. Treasury thinks it’s bad enough that companies such as Apple park piles of cash overseas to avoid paying tax. What’s worse is when foreign authorities change the rules that attracted the money in the first place, and tax those holdings for themselves. In effect, the European Commission is threatening to do just that. Apple and other U.S. ...

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Trudeau’s China visit must reset trade ties

  The long-standing dispute over canola exports will weigh heavy on Canada Prime Minister Justin Trudeau’s August 30-September 6 visit to China as he readies to meet with Chinese President Xi Jinping and attend the G20 summit. In the run-up to the significant tour that comes at the invitation of Premier Li Keqiang, Ottawa has sent strong feelers that it ...

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