Struggling to make ends meet as inflation and interest rates climb, many emerging markets will have to pursue difficult debt restructuring with international creditors.

BRI should not simply be assessed by looking at China’s interests. Recipient countries matter because their geopolitical concerns and domestic interests can intersect to affect how well BRI functions…

WTO members confounded expectations last week by concluding a deal on fisheries subsidies, the first major multilateral agreement in nearly a decade. But the trade body is not out of the woods yet.