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12 Aug 2026
20m

Pump and circumstance: is China the new OPEC?

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Economist Podcasts

China’s strategic management of oil imports—utilizing massive commercial stockpiles and banning refined product exports—effectively stabilized global prices during recent supply shocks, highlighting the country's growing energy flexibility. Meanwhile, Brazil’s stringent hate speech laws, while intended to rectify deep-seated historical injustices, face criticism for targeting symptoms rather than structural failures in education and policing, potentially threatening free speech through judicial overreach. In Southeast Asia, Beerlao exemplifies the intersection of national identity and economic dependence; as the country's largest taxpayer and a significant contributor to GDP, the brand thrives while other industrial sectors remain underdeveloped. These diverse developments underscore how nations navigate global crises and internal social challenges through distinct, often unconventional, policy levers.

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