Saudi under siege: Houthis attack airport

单集文稿 ...

• 00:00

  The Economist.

• 00:10

  Hello and welcome to The Intelligence from The Economist.

• 00:13

  I'm Rosie Blau.

• 00:19

  Today on the show, how adaptable is Europe's industry?

• 00:23

  And joined-up handwriting makes a comeback.

• 00:34

  But first,

• 00:44

  Some say the second China shock is looming.

• 00:48

  But it's already here.

• 00:49

  European Commission President Ursula von der Leyen issued a warning recently

• 00:54

  in her annual State of the Union address.

• 00:57

  Our trade deficit with China is now €1 billion a day.

• 01:06

  It has reached a tipping point.

• 01:08

  The European Union's industrial complex is under strain from high energy costs, cheap imports, and geopolitical turmoil.

• 01:16

  This is unsustainable.

• 01:18

  Five European carmakers have already issued profit warnings this year.

• 01:23

  All of that sounds pretty alarming.

• 01:25

  But is this anxiety really warranted?

• 01:29

  If you look across the landscape of European industry, I think there are some reasons to be hopeful.

• 01:34

  Guy Scriven is our global business writer.

• 01:37

  There's plenty of damage, but I think that's confined to a handful of sectors.

• 全部文稿