Xi slowly nudges China economy onto a more sustainable path
Morgan Stanley says productivity growth has accelerated
Kevin Hamlin and Enda Curran
There’s good news hidden in China’s tumbling stock markets and slowing economy.
A government bid to curb risky lending, clean up industry, and restrain home prices is holding firm even as growth heads for its slowest annual pace in almost thirty years and the U.S. trade standoff threatens to deepen.