The world according to Xi

The world this week

Leaders

China’s foreign policy

The world according to Xi

Even if China’s transactional diplomacy brings some gains, it contains real perils

Mandatory Credit: Photo by SHAWN THEW/EPA-EFE/Shutterstock (13840861r)US Federal Reserve Board Chairman Jerome Powell concludes a press conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, DC, USA, 22 March 2023.  Powell announced a 0.25 percentage point interest rate increase.Powell announces a 0.25 percentage point interest rate increase, Washington, USA - 22 Mar 2023

The great balancing act

Central banks face an excruciating trade-off

They have to choose between financial instability and high inflation. It wasn’t meant to be that way

TOPSHOT - A firefighter holds a bin as he stands next to a burning pile of rubbish in front of Opera Garnier during a demonstration a few days after the government pushed a pensions reform through parliament without a vote, using the article 49,3 of the constitution in Paris on March 20, 2023. - The French government survived two no-confidence motions in parliament on March 20, 2023 but still faces intense pressure over its handling of a controversial pensions reform. (Photo by Christophe ARCHAMBAULT / AFP) (Photo by CHRISTOPHE ARCHAMBAULT/AFP via Getty Images)

French reform

The trouble with Emmanuel Macron’s pension victory

The way a wise policy was forced through will have political costs

21 February 2023, Mecklenburg-Western Pomerania, Rostock: A hub for the turbine of a 6 MW class wind turbine is being worked on at Nordex Energy. A ceremony marks the official start of series production at Nordex of the 6 MW class turbines, the company's most powerful large turbine. Photo: Bernd Wüstneck/dpa

Green protectionism

How the EU should respond to American subsidies

Instead of imitating them, it should play to its strengths

Not like that, minister

The machinery, structure and output of the British state need reform

From productivity to the public services, the case for change is clear

Hogwart's Legacy

Storm forming

As video games grow, they are eating the media

The games business has lessons for other industries and for governments

Letters

On Poland’s war claims, South Africa, the Republicans, “The Simpsons”, the four-day week, Singapore, work training, the OECD

Letters to the editor

Briefing

Intransigence mixed with emollience

Iran wants a detente with its neighbours but not with America

A swooning economy and popular unrest notwithstanding, it is sticking to its nuclear programme

Britain

International

Science & technology

Economic & financial indicators