As summer fades, China’s consumers have grown increasingly cautious. Strict Covid measures are one reason; another is a recent government crackdown on everything from property markets to private tutoring. Retail-sales growth slowed to 2.5% in August from a year ago, much lower than analysts had expected. Restaurants and other service businesses faced even steeper declines. Yet China hasn’t totally lost ...

It’s been less than two weeks since President Joe Biden said the federal government would throw its weight behind new Covid-19 vaccine and testing mandates for corporate America. And there are already signs of progress. Last week, Biden hosted some of the country’s top business leaders at the White House to discuss the push. Afterward, Walgreens Boots Alliance Inc and ...

Hong Kong has had its first taste of the remodeled electoral system that China designed for the city. As an exercise in competitive politics, the vote had all the suspense and spontaneity of a Soviet military parade, though with fewer people. All the same, Beijing has reason to be satisfied with the outcome. The ballot was to fill about a ...