More Semiconductors, Less Housing: China’s New Economic Plan

More Semiconductors, Less Housing: China’s New Economic Plan

Policymakers, wary of inciting reckless borrowing in real estate, are instead investing heavily in factories and trying to help indebted local governments.
Drought Saps the Panama Canal, Disrupting Global Trade

Drought Saps the Panama Canal, Disrupting Global Trade

The number of ships that can travel through the vital route has fallen sharply this year because of a lack of water for the locks, raising costs and slowing deliveries.