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The Peking order: Can China’s army surpass the US?

China is enacting a rapid project of military modernisation (https://www.economist.com/china/2024/11/04/in-some-areas-of-military-strength-china-has-surpassed-america?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners). Though in some areas its forces are already stronger than America, that does not mean China is ready for war. Why luxury shoppers (https://www.economist.com/business/2024/10/10/can-mytheresa-make-luxury-e-commerce-a-success?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners) are no longer buying so much online (10:16). And remembering Balthazar Uscha, Ecuador’s last ice-miner (16:45).

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