How Strongmen Subvert Democracy Financial Clean-Up in China
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How strongmen subvert democracy Financial clean-up in China Canada’s vulnerable economy Making concrete with carrots JUNE 16TH–22ND 2018 Kim Jong Won Contents The Economist June 16th 2018 3 5 The world this week Asia 31 Development in India Leaders Nutrition v debt relief 7 America and North Korea 32 Cricket in Afghanistan Kim Jong Won Khyber pastime 8 Politics 32 Pakistan’s economy How democracy dies In need of re-stitching 9 AT&T and Time Warner 33 Elections in South Korea Green light Rising Moon 9 Chinese finance 34 Banyan Xi, make me chaste Squeezing Taiwan Democracies in retreat The rise of strongmen in weak 10 Russia states holds lessons for Free Oleg Sentsov China democracies everywhere: On the cover 12 Britain and the EU 35 Foreign-language media leader, page 8. After decades The master negotiator seems Softer is better A propaganda drive of triumph, democracy is to have no clue how to haggle 36 Activism in Hong Kong losing ground. Why? Page 50 with North Korea: leader, Letters Reading the riot act page 7.Kim Jong Un did better than Donald Trump at 14 On Timor-Leste, their strange meeting in Parliament, American Middle East and Africa Singapore, page18. Mr Trump politics, banking, 37 Housing in the Middle East wants his own foreign policy, Germany, football Villas and slums but will not want to pay for it: 38 Iraq’s election Lexington, page 25 Briefing Burnt ballots 18 The Singapore summit 38 The war in Yemen Enough to make a Port in a storm The Economist online Rodman cry 40 Ghanaian football Daily analysis and opinion to Why fans are jaded supplement the print edition, plus United States 40 Teenage mums in Africa Britain and the EU A hard audio and video, and a daily chart Brexit seems ever less likely. Economist.com 21 Voting (1) Impregnated and expelled 41 Congo’s coming election Good: leader, page12. Theresa newsletters and Multiple choice E-mail: Mr Kabila’s intentions May has conceded just enough mobile edition 22 Voting (2) to avoid parliamentary Economist.com/email Husted, we have a problem defeats. But she is being Print edition: available online by 22 Whaling in Alaska Europe driven towards a softer 7pm London time each Thursday Summer ice 42 Germany and central version of Brexit, page 47. Economist.com/printedition 23 STDs Europe Brexiteers fear being stitched Audio edition: available online Rash behaviour In bad Oder up by the establishment: to download each Friday 24 Preventing suicide 43 Macedonia’s name Bagehot, page 49 Economist.com/audioedition The sorrows of Werther A new country 25 Lexington 43 The World Cup The cost of America First Beautiful game, ugly reality 44 Women in cabinets The Americas Spain shows the way Volume 427 Number 9096 28 Canada’s economy 44 Poland’s leader Breaking a few eggs Where’s Jaroslaw? Published since September1843 to take part in "a severe contest between 29 North American World Cup 45 Turkey’s floundering intelligence, which presses forward, and Friends on the pitch economy an unworthy, timid ignorance obstructing Pillow talk our progress." 29 Health in Latin America Editorial offices in London and also: Polio’s comeback 46 Charlemagne Beijing, Berlin, Brussels, Cairo, Chicago, Madrid, Europe and Trump Mexico City, Moscow, Mumbai, Nairobi, New Delhi, 30 Chile Canada The economy is New York, Paris, San Francisco, São Paulo, Seoul, Money from mist already feeling the effects of Shanghai, Singapore, Tokyo, Washington DC Donald Trump’s trade war, page 28 1 Contents continues overleaf 4 Contents The Economist June 16th 2018 Britain 62 Statistics in Greece Significant figure 47 The politics of Brexit Problems postponed 63 Banking in Africa Making waves 48 Philatelists fight back Dad’s Army revisited 64 Employing refugees Situations vacant 48 The Daily Mail Paul Dacre is away 66 Free exchange The Fed and feedback 49 Bagehot Brexiteers, back in the box Science and technology China’s shadow banks Now Obituary Anthony Bourdain, International 67 Materials science that it has made progress in Industrial plants chef, food-writer and tackling its debts, China faces 50 Democracy’s decline insatiable traveller, page 78 Rise of the strongmen 68 Seismology the real test: leader, page 9. A light shaking Stricter oversight of shadow 69 Anti-predator behaviour banking, prompted by fears of Subscription service Business Fight or flight? financial instability, begins to For our latest subscription offers, visit 53 Renewable energy Economist.com/offers bite, page 59 69 Scientific honesty On the solarcoaster For subscription service, please contact by Something to crow about telephone, fax, web or mail at the details 54 Bartleby 70 Military communications provided below: Alternative employment Jaw-jaw and war-war North America The Economist Subscription Center 55 Latin American oil firms P.O. Box 46978, St. Louis, MO 63146-6978 In deep water Telephone: +1 800 456 6086 Books and arts Facsimile: +1 866 856 8075 55 Google and AI E-mail: [email protected] 71 Inequality and its costs Playing with fire Latin America & Mexico The crack-up The Economist Subscription Center 56 Italian business 73 David Lynch’s memoir P.O. 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Page 71 Multinationals’ malaise 76 Economic and financial Principal commercial offices: indicators The Adelphi Building, 1-11John Adam Street, Statistics on 42 economies, London WC2N 6HT Finance and economics plus a closer look at coal Tel: +44 (0) 20 7830 7000 59 Chinese finance Rue de l’Athénée 32 Light on the shadows 1206 Geneva, Switzerland Obituary Tel: +4122 566 2470 60 International trade 78 Anthony Bourdain 750 3rd Avenue, 5th Floor, New York, NY 10017 Hidden barriers Tel: +1212 5410500 The power of food 61 Buttonwood 1301Cityplaza Four, Playing Argentina 12 Taikoo Wan Road, Taikoo Shing, Hong Kong Tel: +852 2585 3888 62 American banks Other commercial offices: Under the rug Chicago, Dubai, Frankfurt, Los Angeles, Paris, San Francisco and Singapore Plant-reinforced concrete How carrot-power can make buildings stronger, page 67 PEFC certified This copy of The Economist is printed on paper sourced from sustainably managed forests certified to PEFC PEFC/29-31-58 www.pefc.org © 2018 The Economist Newspaper Limited. 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Printed by Quad/Graphics, Saratoga Springs, NY 12866 The world this week The Economist June 16th 2018 5 Leung had angered the illegal migration. Critics defeated in a primary election. Politics Chinese government by wondered whether the word Mr Sanford previously made supporting independence for “axis” had quite the right headlines in 2009 when, as Hong Kong. historical ring to it. governor, he disappeared for a week. It turned out he was Lorry drivers staged strikes in Scales of justice having an affair. The official several Chinese cities. They Jean-Pierre Bemba, a former explanation for his absence, were protesting against fuel Congolese warlord, had his that he was “hiking the Appa- costs and competition from conviction for crimes against lachians”, became a popular app-based haulage services. humanity overturned on euphemism forinfidelity. appeal. He still awaits sentence Reversal of fortune on a separate charge ofbribing The non-believer With a tiny majority in Parlia- witnesses, but the Internation- The G7 summit in Canada ment and faced with a rebel- al Criminal Court ordered his was the most rancorous in the lion from a handful ofTory release. His supporters want club’s history. America clashed Donald Trump and Kim Jong MPs opposed to Brexit, the him to return to the Democrat- with its allies over climate Un, North Korea’s dictator, British government promised ic Republic ofCongo and run change and trade. Donald held a summit in Singapore. MPs what Remainers hope forpresident. Trump refused to sign the final Mr Kim promised “complete will be a “meaningful” vote on communiqué, accusing Justin denuclearisation” in exchange whether to approve whatever An American soldier was Trudeau, the Canadian prime forAmerican security guaran- deal emerges from talks with killed and fourwounded in minister, ofmaking “false tees. Mr Trump called it “a very the EU. This week’s machina- Somalia after they were statements”. “There’s a special great moment in the history of tions make it more likely that attacked by al-Shabab, a jiha- place in hell” forthose who act the world”.