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The Intelligence from The Economist

The Intelligence: Faith-based reeling

The Intelligence from The Economist

The Economist

News, Global News, Daily News

4.53.7K Ratings

🗓️ 20 February 2024

⏱️ 26 minutes

🧾️ Download transcript

Summary

China’s firms are shedding value at pace and foreign investors are starting to look elsewhere. We ask why faith is fading in a market that once looked unstoppable. Slam poetry, an American invention of the 1980s, is now conquering Francophone Africa (08:54). And why there are ever fewer athletes who excel at more than one sport (17:32).


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Transcript

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0:00.0

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0:28.2

Eligibility criteria apply. The Economist. I'm Ora Oganbei.

0:48.0

And I'm Jason Palmer. Every weekday we provide a fresh perspective on the events shaping your world.

0:54.0

In one of the most sexist countries in Africa and probably the world

1:01.0

women are finding a new outlet to vent about injustice, slam poetry.

1:06.1

The words of the poets, or less slammos as they're called, are deliberately vulgar, provocative, and cathartic.

1:15.0

And if you look through the sporting record, there are plenty of people who have managed to

1:20.8

win games or league titles or Olympic medals in more than one sport.

1:25.9

But these multi-talented athletes are getting more and more rare.

1:29.7

We ask why. Why?

1:37.0

First up though, Less than a decade ago,

1:42.0

less than a decade ago, the mood in China's markets was optimistic.

1:47.0

The economy was growing at over 6% a year, foreign investors were piling in, and a cohort of wealthy business people were

1:55.5

emerging living the Chinese dream. And you look at Hong Kong, you look at the

2:00.9

Hangsang, you look at the mainland China indexes, they've hit multi-year lows.

2:06.0

But this year, investors in Chinese stocks have been on a hair-raising ride.

...

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