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Yuan direction: Chinese firms head south

As domestic demand in China slows, and the West puts up trade and political barriers, Chinese firms are shifting (https://www.economist.com/leaders/2024/08/01/chinese-companies-are-winning-the-global-south?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) their focus to poorer parts of the world. After Russian attacks on Ukraine’s energy infrastructure intensify, our correspondent visits a wrecked power plant (https://www.economist.com/europe/2024/07/15/half-ukraines-power-is-knocked-out-winter-is-coming?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) (9:10). And how the doner kebab (https://www.economist.com/culture/2024/06/25/the-doner-kebab-has-a-meaty-role-in-german-society?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) became a cultural touchstone (17:00).


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