Bloomberg Whether it’s an immigration deal with Mexico, a new base for US soldiers in Poland or tariffs on Chinese imports, what’s important to Donald Trump is that some other country will pay the bill. The US president has repeatedly boasted this month that the costs of various agreements he’s struck will either be born by foreigners or will be ...

If you want a peek at the future, try looking at Japan. It’s a sobering exercise. Here’s how economist Timothy Taylor, managing editor of Journal of Economic Perspectives, describes country’s outlook: “[Japan] is facing a situation of a declining population and workforce, and the share of the population that is elderly is on the rise. [This is] driving up government ...

In China, debt takes many shapes – on the books, off the books, or buried deep within the financial system. Now, debt can even be considered equity. In a bid to boost the economy, China announced it would allow local governments to borrow more to fund infrastructure investment. As part of this push, it will let municipalities use the proceeds ...