Reprinted with permission from McKinsey Quarterly The Pulitzer Prize–winning author and global energy expert sees rising demand from the East spurring innovation.   The recent rise of emerging markets as voracious consumers of energy has established a price point for oil at more than $100 a barrel, injected volatility into energy markets, and changed the economics [...]

Focusing on exports to the world’s second-largest economy will help the United States generate growth and jobs, says Morgan Stanley Asia’s former nonexecutive chairman. A year ago, the National People’s Congress enacted China’s 12th five-year plan, which included three main building blocks: a greater focus on jobs, urbanization to boost wages, and financing a social safety [...]