economist

Trump Criticized for Position on ZTE Ahead of Trade Talks

President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast. Too many jobs in China lost. Commerce Department has been instructed to get it done! — Donald J. Trump (@realDonaldTrump) May 13, 2018 With this tweet, U.S. ...

US consumer spending picking up, gasoline prices a burden

WASHINGTON: U.S. retail sales rose moderately in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter. Stronger consumer spending supports economists' expectations that the Federal Reserve ....

A Decade Later, Wenchuan Parents Still Seek Answers

On May 12, 2008, a devastating 7.9-magnitude earthquake hit Wenchuan, Sichuan and the surrounding mountainous region, killing more than 70,000 and leaving five million homeless. A disproportionate number of those killed were children whose schools collapsed around them. As the 10th anniversary appro...

Party vs Profit in Tug of War Over Chinese Buddhism

Amid a renewed domestic interest in Buddhism, sacred Chinese Buddhist sites have in recent years become major tourist attractions. This tourism boom has been fueled by a growing spiritual vacuum amid China’s newly-moneyed classes, but efforts to cash in on it now appear to have been stymied ...

Kansas officials boost projected tax collections by M

TOPEKA, Kan. (AP) — A new fiscal forecast for Kansas’ government Friday boosted projected tax collections enough for some officials to declare that the state can afford extra spending on public schools lawmakers have approved, while a top Republican called for tax cuts. The new forecast...

“Free Speech Bastion” Taiwan Faces Cross-strait Brain Drain

At The New York Times, Chris Horton and Austin Ramzy write that "Taiwan now draws the sorts of dissidents, rights groups and events that once naturally gravitated to Hong Kong" as the latter’s traditional freedom is eroded by growing mainland influence. The barring of elected pro-dem...