Seven ways to manage Beijing’s alarming decline

News Snapshot:

1. Don’t think of China’s misfortunes as our good fortune. A China that can buy less from the world — whether in the form of handbags from Italy, copper from Zambia or grain from the United States — will inevitably constrain global growth. For US chipmaker Qualcomm, 64 per cent of its sales last year came from China; for German automaker Mercedes-Benz, 37 per cent of its retail car sales were made there. In 2021, Boeing forecast that China will account for about 1 in 5 of its wide-body plane deliveries over the next two decades. A truism that bears...