Economist Podcasts When politics dictates policy: China’s faltering economy
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Sep 29, 2023 
Simon Cox discusses China's economic woes, detailing the struggles in the real estate sector and the political constraints on the central bank. Shashank Joshi reveals how Russian spies exploit Latin American identities to operate in Europe, highlighting the geopolitical backdrop. Anne Rowe reflects on Colombian artist Fernando Botero, noting his signature style and the societal commentary woven into his work. Together, they explore the intertwining of politics and art in today's complex global landscape.
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China's Hesitant Economy
- China's economy is slowing down due to consumer hesitation in the property market and durable goods.
- The government's response has been timid, likely due to Xi Jinping's influence.
China's Cautious Central Bank
- China's central bank is hesitant to cut interest rates aggressively due to political constraints and fear of eroding currency value.
- This timidity contrasts with the bolder actions of central banks in other countries.
A Weak Prime Minister
- China's current Prime Minister, Li Qiang, is considered weak and overly reliant on Xi Jinping.
- This makes him less effective in stimulating the economy compared to more forceful predecessors.