One mightily damaging backstory: 1MDB

Five years ago a $4.5bn hole in a development fund scrambled Malaysia’s politics. Now the inquiry has claimed its first scalp: that of Najib Razak, a former prime minister. We examine the grand shift of business to “shadow banks”—a more innovative, if less regulated, end of the industry. And we join a mushroom-picking expedition in China’s Yunnan province. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer Hosted on Acast. See acast.com/privacy for more information.

Om Podcasten

Every weekday our global network of correspondents makes sense of the stories beneath the headlines. We bring you surprising trends and tales from around the world, current affairs, business and finance — as well as science and technology.  Hosted on Acast. See acast.com/privacy for more information.