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The Intelligence from The Economist

Variable-fate mortgage: China’s protests

The Intelligence from The Economist

The Economist

Global News, Daily News, News

4.53.7K Ratings

🗓️ 20 July 2022

⏱️ 25 minutes

🧾️ Download transcript

Summary

Property developers are going belly-up, home-buyers are not paying mortgages, protests after a banking scandal have been quashed. We ask about the instability still to come. Ukraine’s new HIMARS rocket launchers are proving exceedingly effective against Russian forces. And a look at Britain’s world-leading collection of diseases-in-a-dish.

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Transcript

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0:00.0

Hello and welcome to the Intelligence from the Economist.

0:06.7

In London, I'm Jason Palmer.

0:08.7

And in New York, I'm John Fassman.

0:11.7

Every weekday, we provide a fresh perspective on the events

0:15.0

shaping your world.

0:17.6

Since the start of Russia's invasion,

0:19.7

Ukraine has been pleading for more artillery.

0:22.8

But few weapons have been as effective as American supplied

0:26.4

high-mars rocket launchers.

0:28.4

We look at the precision missiles that are changing how the war is fought.

0:34.2

And here's a riddle.

0:35.7

Where can you find smallpox, herpes, dysentery,

0:40.0

Dutch Elm disease, and a bit of influenza

0:43.4

from Alexander Fleming's nose?

0:45.9

No, it's not in the world's most disgusting bus station

0:48.4

Lou, but in some of Britain's most important collections.

0:51.8

First up, though.

0:55.8

Protests are not uncommon in China, but when they do crop up,

1:06.8

the country's vast security apparatus tends to keep them small and brief.

1:11.4

Over the past few months, though, the ruling Communist Party has had a particularly hard

1:15.7

time keeping a lid on discontent.

1:18.4

Last week, a rare large-scale demonstration sparked by depositors

...

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