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The Intelligence from The Economist
Keep Kamala and carry on: Harris’s smooth route
Jul 23, 2024
22:17
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Kamala Harris emerges as Democratic front-runner with record fundraising. Explore China's declining number of unicorn startups and the expensive British beach huts. Learn about the evolving dynamics in American politics and the challenges faced by Chinese entrepreneurs.
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Quick takeaways
- Kamala Harris's rising popularity in American politics as a potential presidential nominee
- Factors contributing to the high prices of British beach huts including limited supply and nostalgic tradition
Deep dives
Decline of Chinese Unicorns
China's once flourishing unicorn industry is facing a decline in new billion-dollar startups due to government intervention and shift in tech focus. Foreign capital played a crucial role in funding startups during China's rapid economic growth, but now fewer unicorns are emerging and some are relocating to politically safer havens like Singapore and the US.
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Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode