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6

Contents

The Economist

June 9th 2018

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Trade war

America’s allies

should stand up to its reckless

mercantilism: leader, page12.

Donald Trump’s tariffs have

united his opponents at home

and abroad, page 61. How

retaliation hurts American

exporters, page 62

Xiaomi

The forthcoming IPO

of China’s most successful

consumer brand shows how

the rules of business are

changing: Schumpeter, page 60

AI and jobs

Clever machines

will make workers more

productive more often than

they will replace them. The

lessons from radiology:

leader, page13. Artificial

intelligence will improve the

speed and precision of medical

treatment, page 68. It has

already revived the semi-

conductor industry’s animal

spirits, page 53

The World Cup

It rewards

liberalism, internationalism

and open markets: leader,

page14. How to win, page 50.

Football is sometimes an art,

too, page 71

International

50 Success in football

What it takes to win

Business

53 Chipmaking

Hyenas and cheetahs

54 Bartleby

Teaching entrepreneurship

56 Microsoft buys GitHub

Homecoming Death Star

56 The Algosaibi affair

Bankers’ bane

57 Tax evasion in China

Yin and yang

58 Fashion sharing

Something rented,

something new

58 Logistics in China

Manna from heaven

59 Air India

Grounded

60 Schumpeter

Xiaomi thinks different

Finance and economics

61 Trade wars (1)

Friends and foes

62 Trade wars (2)

Backfire

62 Sovereign money

How to lend it

63 Buttonwood

Euro-zone equities

64 Royal Bank of Scotland

Cut your losses

64 Stock exchanges

Whose price is it anyway?

65 Joblessness in Asia

The luxury of

unemployment

66 Free exchange

Driverless cars

Science and technology

68 Medicine

From A&E to AI

69 Climate change

Negative thinking

70 Evolution

Animal magic

Books and arts

71 The art of football

A beautiful game

72 Bill Clinton’s debut novel

Good guy with a gun

73 Nuclear secrets and lies

The writing on the wall

73 The Lost Colony

Myth and madness

74 Johnson

Arms and the man

76

Economic and financial

indicators

Statistics on 42 economies,

plus our monthly poll of

forecasters

Obituary

78 Zhao Kangmin

An army underground