Slower growth in China is affecting everything from smartphone sales to oil exports, and companies and countries in its orbit are beginning to feel the crunch. Photo Composite: Crystal TaiLi Keqiang, China’s premier, has a few ideas for 2019: keep overall debt growth in check, cut taxes, accelerate government bond issuance, and boost lending to small businesses. If that sounds like a lot to ask—and contradictory—it is. Some of these goals will fall by the wayside. Getting banks to lend more to small businesses without overall...

Source: Wall Street Journal March 05, 2019 10:30 UTC