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Economist Podcasts

Viral hit: the costs of China’s lockdown

Economist Podcasts

The Economist

News, News & Politics

4.35K Ratings

🗓️ 30 January 2020

⏱️ 23 minutes

🧾️ Download transcript

Summary

Our correspondent travels to the border of the locked-down Hubei province, finding among the people a mixture of resignation, fear and distrust. Was the draconian response appropriate? Big oil firms have just the kind of expertise needed to make a vast transition to renewables; in order to survive, they should put it to use. And why Mongolia’s winters are growing deadlier. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/radiooffer

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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.

0:09.1

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

0:17.4

Big oil and gas firms have fast experience with complex, expensive, cross-border infrastructure projects.

0:24.5

That's just the kind of expertise the world needs as it transitions to renewables.

0:29.4

In order to survive, oil majors need to put those skills to use.

0:34.7

And winters in Mongolia are no walk in the park,

0:38.3

but extreme winters that follow dry summers

0:40.7

have catastrophic effects on livestock

0:42.8

and on the herders who depend on them.

0:45.6

Those climate conditions are getting more and more frequent.

0:57.0

But first... The coronavirus continues to spread around the world and has now been found in every mainland province in China.

1:08.0

Infections have been found in at least 15 other countries. In all, there are already

1:12.6

more cases than there were in the 2002 outbreak of the related SARS virus, and international

1:17.9

responses are ramping up. This morning, Russia's prime minister said the country would be closing

1:23.2

its border with China. Authorities in Australia and Britain have quarantined returning travelers,

1:29.0

and British Airways and other airlines have cancelled flights altogether into and out of China.

1:34.4

Today the World Health Organization will meet to discuss whether the outbreak constitutes a global

1:39.0

health emergency. In any case, it's certainly a national one.

1:43.0

So where I am in China, we have had 38 more deaths announced today.

1:48.0

So we're now at 170 dead.

1:51.0

David Rennie is our Beijing Bureau Chief and has been visiting villages on the edge of Hubei,

1:56.0

the province which is the epicenter of the outbreak.

...

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