The Economist - UK (2021-11-20)

6 Contents TheEconomistNovember20th 2021

PEFC/--

Subscription service

For our full range of subscription offers, including

digital only or print and digital bundled, visit:

Economist.com/offers

If youareexperiencingproblemswhentryingto

subscribe,pleasevisitourHelppagesat:

http://www.economist.com/help

fortroubleshootingadvice.

To manage your account online, please visit

my.economist.com where you can also access

our live chat service which is available /.

To call us, contact our dedicated service centre on

or+().

PEFC certified

This copy of The Economist

is printed on paper sourced

from sustainably managed

forests certified by PEFC

http://www.pefc.org

Please

Registeredasa newspaper.© 2021 TheEconomistNewspaper Limited. All rights reserved. Neither this publication nor any part of it may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic,

mechanical,photocopying,recordingorotherwise,withoutthepriorpermissionofTheEconomistNewspaperLimited.Publishedeveryweek,exceptfora year-enddoubleissue,byTheEconomistNewspaperLimited.The Economist is a

registeredtrademarkofTheEconomistNewspaperLimited. Printed by Walstead Peterborough Limited

Published since September 

to take part in “a severe contest between

intelligence, which presses forward,

and an unworthy, timid ignorance

obstructing our progress.”

Editorial offices in London and also:

Amsterdam, Beijing, Berlin, Brussels, Chicago,

Dakar, Dallas, Dubai, Johannesburg, Madrid,

Mexico City, Moscow, Mumbai, New Delhi, New

York, Paris, San Francisco, São Paulo, Seoul,

Shanghai, Singapore, Tokyo, Washington DC

Volume 441 Number 9272

Asia

57 China’s propagandists

court South­East Asia

58 The Philippines’ next

president

59 Gay rights in Japan

59 India’s subsidy habit

60 Banyan Russia’s Asian

ambitions

China

61 Building “sponge cities”

62 The spread of graffiti

63 ChaguanThe

Sino­American ice age

International

65 After cop 26

Business

67 China’s Party capitalists

68 Shell mulls a move

69 BartlebyDecoding

office­speak

70 The art market

71 Builders of the metaverse

72 American railways

73 SchumpeterWalmart’s

fightback

Finance&economics

75 China and commodities

77 Land of the falling price

77 Germany’s debt brake

78 ButtonwoodLessons

from Baillie Gifford 

79 Housing policies

79 Financialising air miles

80 Ethiopia’s lost promise

81 Free exchangeHow Janos

Kornai saw communism

Science&technology

82 Covid­19 reservoirs

83 Autism and gut bacteria

84 An anti­satellite test

Books&arts

85 Far­right ideas in France

86 Henry Kissinger on ai

87 A history of the week

88 The Guggenheim Abu

Dhabi

Economic&financialindicators

90 Statistics on 42 economies

Graphicdetail

91 Britain's false­negative covid­19 tests had dire consequences

Obituary

92 F.W. de Klerk, last president of apartheid South Africa