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America needs to stop living beyond its means. The only way to improve the US current account and trade balance is to: (a) get Americans to save a higher percentage of their incomes and/or (b) reduce government budget deficits.

Amid rising tensions over international trade, the broad global expansion that began roughly two years ago has plateaued and become less balanced, Maury Obstfeld, director of the IMF Research Department, said on Monday.

Amazon’s fashion push has traditionally been blunted by the problem that shoppers couldn’t try on clothes to see how they fit before purchasing them. But Amazon appears determined to rectify that issue with Prime Wardrobe, a service that lets online shoppers select and ship a box of clothes, shoes and accessories to their homes to try them on before buying.

Ambassador Liu Xiaoming delivers a keynote speech. [Photo provided to chinadaily.com.cn]

Amid such division, country living is associated in popular culture with either nostalgic laments from rural-born intellectuals, or the condescending sympathy of city folks, in whose imagination the countryside is a preview of hell.