China is the largest market for General Motors, but there is no GM China. Instead, there is SAIC-GM, a joint venture between China’s largest state-owned auto company and GM.All auto companies operating in China have a similar partner, such as SAIC-Volkswagen, GAC-Toyota and Changan-Ford. And the partners are typically state-owned companies, and their names come first. Doing business in China …

China’s budget and trade scolds should pause for reflection. Debt racked up by China’s government, companies and households will likely balloon to almost 300 percent of gross domestic product by early next decade, the International Monetary Fund projected in its annual review of the country’s economy. Big, for sure, and a risk to global financial stability. But anything less would …

The rally this year in US stocks has been defined by its lack of breadth. Put another way, without the eye-popping returns of a few high-flying technology stocks, the performance of the market would look very different—and not in a good way. So it’s more than a bit concerning when the so-called smart money starts to pull away from this …