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The one thing Xi needs to give Chinese tech firms

Every Chinese leader stamps their mark on the country they rule for five, 10, (or 15) years. Xi Jinping’s brand is indelible, but the technology companies which have powered China’s economic rise over the past decade will be searching for clues on how to navigate his third term. When Xi took power in March 2013, Tencent Holdings Ltd. stood at ...

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Apps bury the case for pan-Asian currency

  Unrealistic as it was technically, the idea of a pan-Asian currency always had some political support: Since 2005, the Japanese have published the exchange value of something called the Asian Monetary Unit, a precursor to what would one day become the region’s equivalent of the euro. The debt crisis in southern Europe — and the threat it posed to ...

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US Supreme Court will end the era of college diversity

  At the end of this month, the US Supreme Court is poised to hear arguments in two closely watched cases on affirmative action in higher education. They’re widely expected to overturn the 1978 case that allowed racial diversity to become an organizing principle for college admissions. Like Roe v. Wade, Regents of the University of California v. Bakke is ...

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