Xi’s not there: what China’s Venezuela response reveals

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<p>The countries have a decades-long relationship—debt freely given in one direction and plenty of oil sold in the other. Yet America’s intervention has served as a <a href="https://www.economist.com/china/2026/01/05/americas-raid-on-venezuela-reveals-the-limits-of-chinas-reach?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">reality check</a> on China’s power in Venezuela and elsewhere. Our World Ahead series examines the <a href="https://www.economist.com/the-world-ahead/2025/11/12/the-dollars-dominance-is-being-challenged-more-and-more?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">risks to the American dollar</a> as global reserve currency. And pricey handbags <a href="https://www.economist.com/business/2025/12/18/luxury-handbags-may-be-shoddier-than-you-think?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">ain’t built</a> like they used to be.</p><br><p><em>Get a world of insights by </em><a href="https://subscribenow.economist.com/podcasts-plus" rel="noopener noreferrer" target="_blank"><em>subscribing to Economist Podcasts+</em></a><em>. For more information about how to access Economist Podcasts+, please visit our </em><a href="https://myaccount.economist.com/s/article/What-is-Economist-Podcasts" rel="noopener noreferrer" target="_blank"><em>FAQs page</em></a><em> or watch </em><a href="https://www.youtube.com/watch?v=Gczo71bg1uY" rel="noopener noreferrer" target="_blank"><em>our video</em></a><em> explaining how to link your account.</em></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>