Briefing | Dissipating dreams

China’s well-to-do are under assault from every side

Their agonies at the hands of markets and the state will reshape the Chinese economy

Illustration: Carl Godfrey
|SHANGHAI

It was a year ago that the woman who asked to be referred to as Xue Li entered the minefield, although she did not know it at the time. It was only when a mine detonated that she realised the risk she had been running—and by then it was too late.

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This article appeared in the Briefing section of the print edition under the headline “Dissipating dreams”

Killer drones: Pioneered in Ukraine, the weapons of the future

From the February 10th 2024 edition

Discover stories from this section and more in the list of contents

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The torn down statue of former Syrian president Hafez al-Assad.

The Assad regime’s fall voids many of the Middle East’s old certainties

What if Syria abandoned its hostility to the West and stopped menacing Israel?

Top rebel commander Abu Mohammed al-Golani speaks to a crowd at Ummayad Mosque in Damascus

Syria has exchanged a vile dictator for an uncertain future

It is not clear how stable or how benign the new regime will be


A man playing poker with a deck of cards. One of the cards is replaced by a mobile phone, symbolising mobile gambling.

Gambling is growing like gangbusters in America

Technology and legal changes are spurring a betting bonanza


The Adani bribery case could upend Indian business and politics

The allegations against the corporate champion may end up being resolved diplomatically rather than in court

The war in Ukraine is straining Russia’s economy and society

Despite advances on the battlefield, pressure is growing

How will Donald Trump handle the war in Ukraine?

And how will Ukraine, Russia and Europe respond?



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The film poster for Cleaning Mom, the Return of the Infinite

China cracks down on Karate-chopping cleaning ladies

The government doesn’t want people to be excessively entertained


A staff member assists foreign travelers at Shanghai Hongqiao International Airport

Why China is losing interest in English

Learning the world’s lingua franca is no longer a priority for students or businessmen


What a censored speech says about China’s economy

If growth is on target, why is inflation so low?

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