The slowing of the Chinese economy, along with growing evidence of European growth under pressure, cast a big cloud of uncertainty over the global economy coming into 2019. Data released last week provided further support for the notion of short-term stabilization in China, but there isn't yet a convincing longer-term case for higher growth, or for a less uncertain road for a global economy characterized by divergent performance among its most important economies. For decades, China has skillfully used the global economy as a tailwind to leverage beneficial and powerful demand-and-supply transformations at home: From ... (full story)