Economist Podcasts Systemic concerns: China’s party congress
May 22, 2020
In this discussion, Simon Rabinovich shares his insights into China's political shifts and the implications of new legislation affecting Hong Kong, hinting at potential unrest. David Smith analyzes Argentina's looming debt crisis as the nation grapples with the threat of default and the pandemic's economic fallout. Meanwhile, Anne Rowe reflects on the life of Yvonne Boland, celebrating her contributions to Irish poetry and the exploration of women's voices in literature. Together, they tackle pressing global issues and the intersecting stories of resilience.
AI Snips
Chapters
Transcript
Episode notes
China's Congress and Economic Uncertainty
- China's National People's Congress convened despite the pandemic, signaling confidence.
- The Congress dropped its annual GDP target for the first time in 25 years due to economic uncertainty.
Hong Kong's Threatened Independence
- Proposed legislation threatens Hong Kong's judicial independence, undermining "One Country, Two Systems."
- This move may trigger protests similar to those in 2003 against a security law.
Timing of Hong Kong Legislation
- China is pushing the Hong Kong legislation now due to a perceived lack of control and the global distraction caused by the pandemic.
- They believe other countries will be less likely to push back strongly, and Hong Kong protests may be easier to suppress.