Last weekend, the number of new symptomatic COVID-19 cases in China hit a peak not seen since the early days of the coronavirus pandemic. The spike was seen as significant enough to warrant locking down Xi’an, a city of more than 13 million people. Here, as a writer, I feel a little ill-equipped to flesh out this news without some kind of dramatic accompaniment, so please imagine a drumroll. The reported new high for daily symptomatic cases in this country of 1.4 billion people was all of 164. Surface appearances make it difficult to assess news like this. Across broad [...]
LIMA, Peru—Peruvian President Pedro Castillo may or may not be a socialist, but there is no denying that his political branding is rooted almost exclusively in his identification with Peru’s most marginalized citizens. His campaign slogan for the June presidential election, “No more poor people in a rich country,” was the least of it. What carried real weight with voters was his personal background as a campesino—a rural inhabitant usually with Indigenous heritage and ties to the land. For many, that made Castillo the living antithesis to the largely white Lima elites who have overseen a booming economy in a [...]
Late in September, when stock markets around the world went into spasms of anxiety following news that Chinese real estate giant Evergrande might go bankrupt, the shockwaves reached all the way to Latin America, about as far from the Chinese mainland as one can get. In fact, South American markets dropped even more than those in the United States, even though Evergrande has had little, if any, contact with the region. That’s because Latin American economies are not just deeply entwined with China, but are increasingly dependent on its growth to sustain their own. The drama of Evergrande, with its [...]
