Aug 15th 2020

Xi’s new economy. Don’t underestimate it

The Economist cover image for the Aug 15th 2020 edition

Leaders

The Chinese model
Xi’s new economy

China’s strongman leader is shaping a new form of state capitalism. Don’t underestimate it

Belarus
The sham of it

Alexander Lukashenko “wins” a phoney election. So far, the Western response has been feeble

American politics
What Kamala says about Joe

Joe Biden’s choice of running-mate reflects well on him

Microfinance
Credit where it’s due

Lending to the poor will not end poverty, but it is more essential than ever

Britain’s economy
Grey v growth

Boris Johnson needs to recover the spirit of Margaret Thatcher and focus on boosting the economy

Letters

Briefing

China’s hybrid capitalism
Blooming for the glory of the state

Xi Jinping is blending market mechanisms with Communist Party control to remake the Chinese economy

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China

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