Latest Articles about Mongolia

Three Developments in Mongolia Increasingly Worry Moscow

Executive Summary: Recent developments in Mongolia challenge Moscow’s long-standing assumption that it has sufficient leverage to keep Ulaanbaatar in line with Russian interests. Two of these developments—Russian flight there and interest in Mongolia among Russia’s Buddhist peoples—are probably long-term, disturbing many Russians. The third—Mongolia’s restriction... MORE

Mongolia’s Expanding Cooperation With China Has Limits

Mongolia is currently updating the country’s national security concept, and managing relations with Russia and China remains foundational (Ikon, September 27). At the end of October, Mongolian President Khurelsukh Ukhnaa, Russian President Vladimir Putin, and Chinese Communist Party General Secretary Xi Jinping met on the... MORE

Mongolia’s Currency Crisis: Made in China?

Introduction When COVID-19 lockdowns closed the People’s Republic of China’s (PRC) borders in 2020, imports entering Mongolia came to a grinding halt, leading to domestic inflation and product shortages. Exports also declined significantly, further constricting the flow of U.S. dollars into the country. More than... MORE