Introduction At the fifth session of the 13th National People’s Congress in early March, the Chinese government announced a defense budget of 1.45 trillion yuan (about $229 billion) for fiscal year 2022, which is a 7.1 percent year-on-year increase from 2021 (Xinhua, March 5). After... MORE

Introduction Across the world, energy investments are gradually shifting towards renewables as part of commitments to curb global warming. In this trend, China is seen as both a climate hero and a climate criminal – the country is simultaneously by far the largest investor in... MORE

Introduction On March 15, North Atlantic Treaty Organization (NATO) General Secretary Jens Stoltenberg called on China to withdraw its support for Russia and to condemn its “brutal” invasion of Ukraine (NATO, March 15). The next day, the nationalistic state media outlet Global Times issued a... MORE

The roles of the Central Asian and the South Caucasus regions in facilitating economic relations between the European Union and East Asia—particularly in the fields of energy, trade, and transportation—have been growing in importance over the last few months (Report.az, April 6). Amidst the current... MORE

*To read Part One, please click here. After Russia’s President Vladimir Putin launched a full-scale invasion of Ukraine on February 24 (Kremlin.ru, February 24), the Western economies introduce several rounds of increasingly harsh economic sanctions against the Russian Federation (Meduza, March 8). So far, Russia’s non-renewable... MORE

The Russo-Ukrainian war has cast doubt on the sustainability of the Chinese Belt and Road Initiative’s (BRI) “Northern Corridor” because of mounting Western sanctions on this overland route’s key links—Russia and Belarus (see EDM, April 8, 18). The growing vulnerability of the Northern Corridor, which... MORE

The Russo-Ukraine war, the extensive Western sanctions against Russia, and the growing possibility that European border states will block east-west transit corridors traversing Russian territory into Europe are having far-reaching implications for the landlocked countries of Central Asia, which have historically relied on road and... MORE

Over the past two years, deserted cityscapes have become a distressingly common sight, but the images of totally empty thoroughfares in the usually pulsating city of Shanghai are striking (The Paper, April 2). By late March, government authorities reported that Shanghai had recorded 30,000 COVID-19... MORE

Introduction In late 2021, ships from China’s North Sea Fleet conducted “Maritime Joint-2021” (海上联合-2021, Haishang lianhe-2021) with the Russian Pacific fleet, which was a joint naval exercise focused on securing sea lanes of communication. Not only did the exercise, “demonstrate the resolve of two great... MORE

Introduction During Chinese Foreign Minister Wang Yi’s visit to Kathmandu on March 25-27, China and Nepal signed nine agreements covering an array of fields including a technical assistance for a cross-border railway feasibility study, economic, and technical cooperation, and COVID-19 vaccine assistance to Nepal (Kathmandu... MORE