China Stocks Rally on Beijing Stimulus. Don’t Bet on Recovery Yet.

“The People’s Bank’s policy announcements today will provide only a small boost for China’s economy,” Mark Williams, the chief Asia economist at research firm Capital Economics, wrote in a Wednesday...

Martin Wolf, the Chief Economics Commentator of the Financial Times, devotes his column to our work on global economic fracturing. Wolf highlights our view that countries and territories can be...

Weakness is evident at home and abroad. Consumers, who were expected to drive the recovery, have disappointed, with spending over the recent Dragon Boat holiday lower than in 2019, according to Mark...