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The China Strategy America Needs DOWNLOAD CSS Notes, Books, Mcqs, Magazines Race and health: far from equal Afghanistan, a premature evacuation Remaking the British state Golf’s biggest hitters NOVEMBER 21ST–27TH 2020 The China strategy America needs DOWNLOAD CSS Notes, Books, MCQs, Magazines www.thecsspoint.com Download CSS Notes Download CSS Books Download CSS Magazines Download CSS MCQs Download CSS Past Papers The CSS Point, Pakistan’s The Best Online FREE Web source for All CSS Aspirants. Email: [email protected] BUY CSS / PMS / NTS & GENERAL KNOWLEDGE BOOKS ONLINE CASH ON DELIVERY ALL OVER PAKISTAN Visit Now: WWW.CSSBOOKS.NET For Oder & Inquiry Call/SMS/WhatsApp 0333 6042057 – 0726 540141 FPSC Model Papers 50th Edition (Latest & Updated) By Imtiaz Shahid Advanced Publishers For Order Call/WhatsApp 03336042057 - 0726540141 CSS Solved Compulsory MCQs From 2000 to 2020 Latest & Updated Order Now Call/SMS 03336042057 - 0726540141 Contents The Economist November 21st 2020 3 The world this week United States 6 A summary of political 23 To the bitter end and business news 24 Missile defence 25 Charles Koch Leaders 25 The State Department 9 China and America A new grand bargain 26 Midwestern corruption 27 Development v cemeteries 10 American politics The art of losing 27 Charters and covid-19 10 Afghanistan 28 Lexington Barack Leaving too soon Obama’s book 11 Sovereign debt A better way not to pay The Americas 29 Mexico and cannabis On the cover 14 Race and health Wanted: more data 30 Illegal fishing in Ecuador As president, Joe Biden should 16 Reforming Britain 31 Bello Peru’s chaotic aim to strike a grand bargain Remaking the state politics with America’s democratic allies: leader, page 9, and briefing, page 19. Why China Letters may prove the biggest 18 On the American foreign-policy challenge for election, Turkey, Asia America’s president-elect, Thailand, a proverb, 32 Afghanistan page 37 “Hamilton” 33 Japanese health care • Race and health: far from 34 Pakistan’s opposition Briefing equal Covid-19 has shone a light 35 India’s Islamophobes on racial disparities in health, 19 Global technopolitics 35 Abortion in South Korea page 53. Governments need to America’s China stategy overcome their qualms about 36 Banyan The “Quad” collecting data on ethnicity: leader, page 14 China • Afghanistan, a premature 37 Joe Biden’s China policy evacuation America risks 39 The new China hands handing the country to the 40 Chaguan The North Taliban: leader, page 10. As Korean shadow American forces leave, it seems keener on fighting than talking, page 32 • Remaking the British state Middle East & Africa The Tories have got the wrong 41 Ethiopia’s civil war idea about why government isn’t Cattle-rustling working: leader, page 16, and Lexington Barack 42 analysis, page 49. The ideal chief Obama’s new memoir, 43 Shackling the mentally ill adviser for Boris Johnson: “A Promised Land”, will 43 Iran’s plotting in Africa Bagehot, page 52 give his former deputy 44 A lack of Arab doctors little comfort, page 28 We are working hard to ensure that there is no dis- ruption to print copies of The Economist as a result of the coronavirus. But if you have digital access as part of your subscription, then acti- vating it will ensure that you can always read the digital version of the newspaper as well as all of our daily jour- nalism. To do so, visit economist.com/activate 1 Contents continues overleaf 4 Contents The Economist November 21st 2020 Europe Finance & economics 45 Turkey’s economy 62 Sovereign debt 46 Dayton at 25 63 RCEP, Asia’s new trade deal 47 Climate politics 64 A tax scandal in Germany in Germany 64 Banks scramble for scale 47 Moldova’s election 65 Buttonwood Quant funds 48 Charlemagne The 66 Bond defaults in China rainbow curtain 66 The velocity of money Green investors sue Britain 67 Free exchange The Fed 49 Ministers unchained 68 and Biden 52 Bagehot A modern Machiavelli Science & technology 71 AI fighter pilots 74 A Chinese Moon shot 74 When stars collide International 74 Another covid-19 vaccine 53 Race and health 75 Seals feeding like whales Books & arts 76 Beethoven at 250 77 Jane Smiley’s new novel 78 A solo Everest mission Business 78 Globalisation in the 56 Taiwan Inc in China steam age 57 Germany’s guest 79 The Antichrist entrepreneurs 58 Walmart’s beastly quarter Economic & financial indicators Statistics on 42 economies 59 Airbnb in the Nasdaq 80 59 The dash for DoorDash Graphic detail 60 Bartleby The board game 81 Why driving distances in golf keep getting longer 61 Schumpeter AT&T’s dividend dilemma Obituary 82 Jonathan Sacks, a chief rabbi with a mission Volume 437 Number 9221 Published since September 1843 Subscription service to take part in “a severe contest between For our full range of subscription offers, including The best way to contact our Customer Service Please intelligence, which presses forward, digital only or print and digital bundled, visit: team is via phone or live chat. You can contact us and an unworthy, timid ignorance Economist.com/offers on the below numbers; please check our website obstructing our progress.” for up to date opening hours. If you are experiencing problems when trying to Editorial offices in London and also: subscribe, please visit our Help pages at: PEFC certified Amsterdam, Beijing, Berlin, Brussels, Cairo, www.economist.com/help for troubleshooting North America: +1 800 456 6086 This copy of The Economist Chicago, Johannesburg, Madrid, Mexico City, advice. Latin America & Mexico: +1 636 449 5702 is printed on paper sourced Moscow, Mumbai, New Delhi, New York, Paris, from sustainably managed San Francisco, São Paulo, Seoul, Shanghai, forests certified to PEFC Singapore, Tokyo, Washington DC PEFC/29-31-58 www.pefc.org © 2020 The Economist Newspaper Limited. All rights reserved. Neither this publication nor any part of it may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of The Economist Newspaper Limited. The Economist (ISSN 0013-0613) is published every week, except for a year-end double issue, by The Economist Newspaper Limited, 750 3rd Avenue, 5th Floor, New York, N Y 10017. The Economist is a registered trademark of The Economist Newspaper Limited. Periodicals postage paid at New York, NY and additional mailing offices. Postmaster: Send address changes to The Economist, P.O. Box 46978, St. Louis , MO. 63146-6978, USA. Canada Post publications mail (Canadian distribution) sales agreement no. 40012331. Return undeliverable Canadian addresses to The Economist, PO Box 7258 STN A, Toronto, ON M5W 1X9. GST R123236267. Printed by Quad/Graphics, Saratoga Springs, NY 12866 Banking in the palm of your hands. Capital One® checking and savings accounts have no fees or minimums and a top-rated banking app that lets you manage your money anytime, anywhere. This is Banking Reimagined.® New consumer accounts only. Approval required. Food and beverages provided by a third party. Cafés available in select locations. Go to locations.capitalone.com for locator. Cafés do not provide the same services as bank branches but do have ATMs and associates who can help you. Off ered by Capital One, N.A., Member FDIC. © 2020 Capital One 6 The world this week Politics The Economist November 21st 2020 America announced that it Colombia at category-five force would reduce its forces in and has also hit Honduras and Coronavirus briefs Afghanistan from 4,500 El Salvador. To 6am GMT November 19th 2020 troops to 2,500 by mid-January. Weekly confirmed cases by area, m That will allow Mr Trump to Most candidates supported by say he has ended America’s Brazil’s far-right president, Jair 2.0 Europe longest war, but could have Bolsonaro, failed to win office 1.5 dire consequences for Afghani- in the country’s local elections. Latin America US 1.0 stan’s stability. Troop numbers Established politicians from Other in Iraq are also to be cut. the centrão, a bloc of centre- 0.5 right parties, did well, in con- 0 A report by the inspector- trast with their performance in Government forces in Ethiopia general of Australia’s armed national elections in 2018. The NOSAJJMAM said they had captured key forces found that at least 39 president himself remains Confirmed deaths* towns on the road towards people in Afghanistan had popular thanks to big spending Per 100k Total This week Mekelle, the capital of the been unlawfully killed by elite on poor people. Belgium 129.6 15,025 1,267 rebellious province of Tigray. troops in a culture of “blood- Peru 107.1 35,317 325 The civil war has spilled across ing” that treated killings as a Dominic Cummings, the chief Spain 89.9 42,039 1,934 the border into Eritrea and led rite of passage. In some cases adviser to Boris Johnson, Argentina 80.4 36,347 1,816 to an ethnic massacre. The weapons had been planted on Britain’s prime minister, left Brazil 78.8 167,455 4,087 Britain 78.5 53,274 2,909 government has resisted calls the bodies of the victims to his job amid a power struggle Italy 78.1 47,217 4,264 for talks or mediation. Tens of justify shootings. The report at Downing Street. Speculation Chile 77.9 14,897 264 thousands of refugees have recommended that police swirled that Mr Cummings Mexico 77.2 99,528 3,098 fled into Sudan. investigate 19 former or current leaked lockdown proposals Bolivia 76.0 8,875 57 soldiers. and briefed against his boss. A United States 75.7 250,537 9,583 Russia said it would build a master in the art of out- Sources: Johns Hopkins University CSSE; UN; naval base in Sudan, adding to Thailand’s parliament, one manoeuvring the executive The Economist *Definitions differ by country a “great power” rivalry that has chamber of which was (Mr Cummings was the strat- already seen the establishment appointed by the leaders of a egist behind the Brexit vote), The number of deaths in of American and Chinese naval military coup in 2014, rejected his uncompromising style America passed 250,000 and and air bases on the Red Sea.
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