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The Intelligence from The Economist

He said, Xi said: America-China ructions

The Intelligence from The Economist

The Economist

Global News, Daily News, News

4.53.7K Ratings

🗓️ 5 April 2021

⏱️ ? minutes

🧾️ Download transcript

Summary

The Biden administration’s early moves suggest no “reset” in relations; we recall a time when the game of ping-pong brought the countries back to the table. Although economics has transformed in the past quarter-century, the way it is taught has not; we examine efforts to rewrite the textbooks. And a forgotten album by British-Pakistani teenagers gets another lease of life. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffe

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Transcript

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0:00.0

Hello and welcome to the Intelligence on Economist Radio. I'm your host, Jason Palmer.

0:09.4

Every weekday we provide a fresh perspective on the events shaping your world.

0:14.8

An economics textbook that a student might buy today is not so different from books written

0:23.0

a quarter century ago. That is a problem. The field has moved on and students have concerns

0:28.7

the books don't tackle. We look into the effort to rewrite them.

0:32.7

And in the 1980s two British Pakistani teenagers threw together an album that didn't get very

0:40.1

far. A few years ago a copy on earth in New York so captivated the DJ who found it that

0:46.0

she's now re-releasing it. We take a listen to see what the fuss is about.

0:50.7

But first today American warships will take part in exercises in the Indian Ocean as part

1:06.4

of the so-called Quad. A loose coalition with Australian Indian and Japanese forces widely

1:12.1

viewed as a counter to China. Yesterday Japan's Prime Minister Sugayoshihide said that peace

1:18.4

in Taiwan is key to wider stability in Asia. Key subject for Mr. Sugayoshihide's visit

1:23.5

next week to the White House. Diplomatic, economic and even hints of military tensions

1:29.6

have been rising between China and America and its allies. Last month internationally coordinated

1:35.6

sanctions on Chinese officials based on the mistreatment of the Muslim-weager minority

1:40.3

in the province of Xinjiang were swiftly met with Chinese sanctions on American officials.

1:46.1

Where were those troubled China-US relations more apparent than at a hostile meeting of

1:50.9

the two sides last month in Alaska?

1:53.1

Well I think we thought too well of the United States. We thought that the US side will

2:02.8

follow the necessary diplomatic protocols. Some had hoped that the two countries' relationship

2:09.1

would become less confrontational than it had become during Donald Trump's presidency.

2:13.9

Instead it seems only to be deteriorating.

...

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