Finance & economics | From the sublime to the subpar

A triple shock slows China’s growth

Coal shortages, covid-19 and a construction slowdown all take their toll

|HONG KONG

IN A SCENE from “Manufactured Landscapes”, a documentary released in 2006, Edward Burtynsky, a landscape photographer, seeks permission to take pictures of the black mountains of Chinese coal awaiting shipment in Tianjin, an industrial city near Beijing. “Through his camera lens, through his eyes, it will appear beautiful,” Mr Burtynsky’s assistant assures his sceptical host. That turns out to be not quite true. Through the photographer’s lens, the piles of coal have a dark, satanic geometry—not beautiful exactly, but awe-inspiring in their immensity.

This article appeared in the Finance & economics section of the print edition under the headline “From the sublime to the subpar”

Instant economics: The real-time revolution

From the October 23rd 2021 edition

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

Explore the edition

More from Finance & economics

The federal reserve represented as a slot machine with bitcoin coins at its base.

Will America’s crypto frenzy end in disaster?

Donald Trump’s team is about to bring digital finance into the mainstream

A ping pong game with a container instead of a ball.

Do tariffs raise inflation?

Usually. But the bigger problem is that they harm economic growth and innovation


A Gulfstream G600 from Hampshire Aviation Company lands at Barcelona Airport in Barcelona, Spain.

European governments struggle to stop rich people from fleeing

Exit taxes are popular, and counter-productive


Saba Capital wages war on underperforming British investment trusts

How many will end up in Boaz Weinstein’s sights?

Has Japan truly escaped low inflation?

Its central bankers are increasingly hopeful

How American bankers dodged the MAGA carnage

The masters of the universe have escaped an anti-globalist revolt