Most studies of the impact of artificial intelligence (AI) on jobs and the economy have focused on developed countries such as the US and Britain. But through my work as a scientist, technology executive and venture capitalist in the US and China, I’ve come to believe that the gravest threat AI poses is to emerging economies. In recent decades, China ...

An escalating trade war, rising oil prices and a bear market in stocks — China Inc. is struggling. A multibillion-yuan windfall from corporate tax cuts might be the only way to revive animal spirits. Yet Beijing is walking the other way, preparing to break the camel’s back. Starting in January, China’s tax offices will collect companies’ social-security contributions as part ...

He may have struggled to mend India’s broken banking system, but at least Prime Minister Narendra Modi is shrinking the number of state-run banks to 19 from 26. Although that’s nowhere close to the original idea of ending up with just six, it’s a good start. The next step will be to nudge most taxpayer-funded banks away from me-too corporate ...