The Latest Breaking News from China

Ukrainian drones cause flight chaos in Moscow as Xi Jinping and other leaders gather for annual Russian parade

I've been fortunate to visit China more than once. Yet I’d be remiss if I were merely stunned at the country’s electric-vehicle progress without taking a look back and asking: “Is this all sustainable?”

Although “the mood music with China has improved,” the bank’s chief economist still expects other tariffs increases—and sees “a meaningful risk that some of the paused ‘reciprocal’ tariffs will take effect after all.”

The term that perhaps best describes the international impact of the first 100 days of Donald Trump’s second term is “disruption”. His tariff policy, his abolition of USAID, his questioning of the transatlantic alliance, and his attempted rapprochement with Russia have neither destroyed the liberal international order nor established anything…