Bloomberg China’s fiscal stimulus is shifting back to a focus on infrastructure investment, away from the approach of cutting taxes for businesses the government favored in previous years, according to economists at JPMorgan Chase & Co. “We expect no major further tax cuts in 2020, though the effect of tax cuts will linger into this year,” JPMorgan economists including Zhu ...

Bloomberg The Treasury Department is proposing that the Trump administration revive twice-yearly talks with China to discuss the economic relationship between the countries, according to people familiar with the matter. The talks — if they go ahead — would be separate from phase-two negotiations on a further trade deal that president Donald Trump has said he wants to start “right ...

Bloomberg Carlos Ghosn’s decision to flee to Lebanon last week effectively ended his legal prosecution in Japan, leaving former Nissan Motor Co executive Greg Kelly at the center of the sprawling case. Under Japanese criminal law, only minor accusations can be tried without a defendant, according to Nobuo Gohara, a former prosecutor. That’s not Ghosn. If found guilty of the ...