The Intelligence from The Economist Missing in action: China’s defence minister has disappeared
Sep 21, 2023
Jeremy Page, Asia diplomatic editor at The Economist, and Tom Easton, South Asia business and finance editor, explore the mysterious disappearance of China’s defense minister, raising questions about the stability of Xi Jinping’s leadership amid growing tensions. They also discuss the contrasting excitement around Apple’s new iPhone, which has been overshadowed by competitive pressures from Huawei. Lastly, the duo celebrates the enduring cultural legacy of Royal Enfield motorcycles in India, highlighting their unique place in the market.
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Xi Jinping's Leadership Under Scrutiny
- These disappearances raise questions about Xi Jinping's judgment as these were his appointees.
- The turmoil within the PLA could be impacting morale and raising concerns about China's stability.
Lackluster iPhone Launch
- Apple's iPhone 15 launch generated less excitement than previous releases, with only minor updates like a new button and charging port.
- This muted response contrasts with the historical fanfare surrounding iPhone launches.
Huawei's Challenge to Apple
- Apple's stock price fell after the iPhone 15 launch, partially due to the release of Huawei's Mate 60 Pro, a 5G-capable Chinese smartphone.
- Huawei's phone, powered by an advanced Chinese-made chip, poses a threat to Apple's sales in China.