Registeredasa newspaper.© 2019 TheEconomistNewspaperLimited.Allrightsreserved.Neitherthispublicationnoranypartofit maybereproduced,storedina retrievalsystem,ortransmittedinanyformorbyanymeans,electronic,
mechanical, photocopying, recording or otherwise, without the prior permission of The Economist Newspaper Limited. Published every week, except for a year-end double issue, by The Economist Newspaper Limited. The Economistis a
registered trademark of The Economist Newspaper Limited. Printed by Walstead Peterborough Limited.6 Contents The EconomistJune 1st 2019
PEFC/16-33-PublishedsinceSeptember 1843
totakepartin“aseverecontestbetween
intelligence, which presses forward,
and an unworthy, timid ignorance
obstructing our progress.”
Editorial offices in London and also:
Amsterdam, Beijing, Berlin, Brussels, Cairo,
Chicago, Johannesburg, Madrid, Mexico City,
Moscow, Mumbai, New Delhi, New York, Paris,
San Francisco, São Paulo, Seoul, Shanghai,
Singapore, Tokyo, Washington DCSubscription service
For our full range of subscription offers, including
digital only or print and digital combined, visit:
Economist.com/offers
You can also subscribe by post, telephone or email:
Post: The Economist Subscription
Services, PO Box 471, Haywards
Heath, RH16 3GY, UK
Telephone: 0333 230 9200 or
0207 576 8448
Email: customerservices
@subscriptions.economist.comOne-year print-only subscription (51 issues):
UK..........................................................................................£PEFC certified
This copy of The Economist
is printed on paper sourced
from sustainably managed
forests certified by PEFC
http://www.pefc.orgPleaseVolume 431 Number 9145Asia
47 The death penalty in
Pakistan
48 India’s Congress party
49 BanyanHierarchy in
South Korea
50 Papua New Guinea
50 Japan’smayoraldroughtChina
51 Bankruptcy woes
52 Hong Kong’s mega-project
53 ChaguanForgetting
TiananmenInternational
54 Eliminating malaria
55 Let us sprayBusiness
56 Assessing Vincent Bolloré
58 Bartleby Listening to
shareholders
59 Big Oil and climate change
59 Opioid-makers on trial
60 The Rocket Internet
61 Renault and Fiat Chrysler
62 Schumpeter Apple in
ChinaFinance & economics
63 The hidden risks of
clearing houses
64 Chinese stocks in America
65 Upskilling Indonesia
66 Facebook’s crypto-plans
67 Online banks in America
68 Free exchangeChina and
theTreasurymarketScience & technology
71 Treating autism
72 Supernovas and evolution
73 Improving robots’ grasp
74 Satellites v astronomersBooks & arts
76 Back-row America
78 A novel of surrogacy
78 The life of Saladin
79 Saudi televisionEconomic & financial indicators
80 Statisticson 42 economiesGraphic detail
81 Centrist liberals gained the most power in the European
ParliamentObituary
82 I.M.Pei, architect and dreamer