Headlines 

China Political Advisers Urge Response to U.S. Tariffs

Delegates from China’s top political advisory body, the Chinese People’s Political Consultative Conference, convened Saturday in Beijing. The representatives from a variety of political, social, economic and corporate organizations are meeting in parallel with a two-week session of the rubber-stamp parliament that begins Monday.  The legislature is expected to enact sweeping changes that would allow President Xi Jinping to rule indefinitely and give him greater control over the levers of money and power. The agenda includes repealing presidential term limits, creating a powerful new agency to police officials and possibly approving…

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Headlines 

IMF Says Global Growth Picking Up as U.S. Tax Cuts Take Hold

The International Monetary Fund warned policymakers to be on guard for the next recession even as it predicted global growth will accelerate to the fastest pace in seven years as U.S. tax cuts spur businesses to invest. The fund raised its forecast for world expansion to 3.9 percent this year and next, up 0.2 percentage point both years from its projection in October. That would be the fastest rate since 2011, when the world was bouncing back from the financial crisis. The strengthening recovery offers a “perfect opportunity now for…

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