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Get started at letsmeasureupThe EconomistDecember1st20185 Contents continues overleaf1 Contents The world this week 9Around-up of political andbusinessnews Leaders 15Trade and technology Chip wars 16Mexico’s new president AMLO’s errors 16Global warming The great inaction 18Renault-Nissan- Mitsubishi Unholyalliance 20Geneediting Thebabycrisperer Letters 22Onopportunityzones, accents,buildings,India, Europe,DNA,Napoleon Brieng 24Semiconductors Thechipsaredown TechnologyQuarterly: Towardszerocarbon ConqueringCO2 Afterpage48 Britain 27Religious schools take o 28The knights who say Brexit 29Gloomy economic forecasts 29Should police ram mopeds 30Archaeologists love HS2 30Labour’s business plans 31Scottish islanders buy out their lairds 32BagehotDon’t write o theprimeministeryet Europe 33Russia and Ukraine clash 34The race to succeed Angela Merkel 36France’s protesting motorists 37#MeToo in Turkey 37Let Polish pollsters poll 38Charlemagne Spain, Francoandmemory United States 43The housing wobble 44Assessing the climate 46Puerto Rico’s recovery 46Asset forfeiture 47The Illinois machine 48Lexington Native AmericansinCongress The Americas 49The power of AMLO 50Brazil’s culture war 51BelloA memoir of Argentina’s madness Middle East & Africa 52Angola’s Deng Xiaoping 53Ebola and Congo’s rebels 54Talks on Western Sahara 55Qatar and the World Cup 55Saving the Sea of Galilee ChaguanA remarkable museum network oers a chance to remember, if not judge, China’s dark past, page 62 On the cover America cannot aford to ignore China’s semiconductor ambitions. It cannot easily tame them, either: leader, page 15. The chip industry shows the power of globalisation. Superpower politics may yet unravel things, page24 Russia eyeballs Ukraine Two navies collide in the Sea of Azov, page 33 Edit genes, but not like this AChinese scientist claims to have changed the genomes of babies: leader,page 20. It would be the rst birth of genetically modied children, page 81 Technology Quarterly: Zero carbonWhat would it take to get carbon dioxide out of the global economy Lots of clean electricity and a revolutionary shift towards the lightest gas, after page 48. Climate change is aproblem of unprecedented scope and intractability. Can it be overcome Leader, page 16 Our books of the year The best books of 2018 were about corruption, blood, slavery, survivalism, espionage and a drifting second-world-war veteran,page 86PEFC/16-33-582 PublishedsinceSeptember1843 totakepartin“aseverecontestbetween intelligence,whichpressesforward, andanunworthy,timidignorance obstructingourprogress.” EditorialofficesinLondonandalso: Amsterdam,Beijing,Berlin,Brussels,Cairo, Chicago,Johannesburg,Madrid,MexicoCity, Moscow,Mumbai,NewDelhi,NewYork,Paris, SanFrancisco,SoPaulo,Seoul,Shanghai, Singapore,Tokyo,WashingtonDC Subscriptionservice Forourfullrangeofsubscriptionofers,including digitalonlyorprintanddigitalcombined,visit: Economist/offers Youcanalsosubscribebypost,telephoneoremail: Post:TheEconomistSubscription Services,POBox471,Haywards Heath,RH163GY,UK Telephone:0845120083or 02075768448 Email:customerservices @subscriptions.economist One-yearprint-onlysubscription(51issues): UK......145 PEFCcertified ThiscopyofTheEconomist isprintedonpapersourced fromsustainablymanaged forestscertiedbyPEFC pefc Please Registered as a newspaper.2018 The Economist Newspaper 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, 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 Wyndeham Peterborough Limited. 6ContentsThe EconomistDecember1st2018 Volume429 Number9120 Asia 56Elections in Taiwan 57BanyanSingapore’s next prime minister 58Counter-terrorism in India 58Indonesia’s likely veep 59Australia’s hapless conservatives China 60Curbing tax evasion 61State media abroad 62ChaguanGloss-free history International 63Indigenous peoples 64Brazilian Indians 65Why Maori do better than Aboriginals Business 66Taming Glencore 67The scramble for cobalt 68Polish state-owned enterprises 69BartlebyWorking for a purpose 70GM closes plants 71Post-Soviet farming 72SchumpeterA merger proposal Finance & economics 73Banks’ Brexit plans 74Brexit and clearing-houses 77Mortgages in America 77Bitcoin’s collapse 78Growing green nance 78Pubs in Ireland 79ButtonwoodCorporate bonds 80Free exchangePaul Volcker’smemoir Science & technology 81Gene-edited babies 82InSight lands on Mars 82Spiders that suckle young 83Viruses, sunshine and antibiotic resistance 84The genetics of ADHD 84Phantomsandprostheses Books & arts 86Books of the year 89Books by our writers Economic & nancial indicators 92Statisticson42economies Graphic detail 93Europeanpopulistsagreeonbashingelites and little else Obituary 94Raed Fares, a tireless Syrian activist 。。。。。。