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The Made in China plan is back, and it’s better

  As the world is grappling with the latest virus variant, China unveiled a sharpened version of the Made in China 2025 industrial policy blueprint. Previous iterations may have had nations like the US on edge, but this is the one to keep an eye on. State planners released a five-year smart manufacturing development plan in late December that aims ...

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UK retail giants shouldn’t get too cozy

Two British retailers emerged as winners this Christmas: Tesco Plc and Marks & Spencer Group Plc. While that’s a far cry from disappointing results of holidays past, both face considerable challenges ahead with concerns about inflation eating into consumer spending power and a slowdown in demand. Tesco’s UK same-store sales in its fiscal third quarter rose 0.2%, slightly below analysts’ ...

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US’s hunger pandemic is still getting worse

  Early in the pandemic, Americans lined up for hours outside of food banks, awaiting their chance to collect groceries. Many of them had experienced food insecurity before Covid-19. Tens of millions of others were new to such assistance. Only thanks to emergency federal intervention was a serious hunger crisis averted in 2020. As Covid drags on, their mission is ...

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