Since January 2016, bitcoin (比特币) has skyrocketed from less than $1,000 and nearly peaking at $20,000 in December—a 2,100 percent increase. Despite its volatility, euphoria over bitcoin along with other cryptocurrencies (加密数字货币) has spread across the globe and nowhere has this been more evident than... MORE

In mid-January, the Chinese Communist Party further confirmed Xi Jinping’s status as the second-most powerful politician since Chairman Mao Zedong by enshrining “Xi Jinping Thought on Socialism with Chinese Characteristics for a new era” in the State Constitution. This followed Xi Thought’s insertion into the... MORE

China began 2018 by making important strategic moves in the shipping industry. On January 10, COSCO Shipping Development, COSCO Shipping’s leasing finance arm announced a plan to establish a shipping fund with state-controlled China Cinda Asset Management Co., Ltd. to finance ship assets (Splash24/7, January 10). COSCO Shipping,... MORE

Despite the repeal of the “One Child Policy” and implementation of the “Comprehensive Two-Child Policy” in January 2016, in mid-January, the Chinese National Bureau of Statistics released a report that revealed that China’s population has continued to decline (The Beijing News, January 18; China Brief,... MORE

Perhaps few places on earth are as wrapped in mystery and intrigue as the northern reaches of Afghanistan, where, 150 years ago, Russia and the United Kingdom played the great game against one another and where, most recently, Moscow and the West were locked in... MORE

On December 8, 2017, the Chinese embassy in Islamabad warned its nationals of possible terrorist attacks targeting “Chinese-invested organizations and Chinese citizens” in Pakistan (Dawn, December 8, 2017). It gave no details of how it had come by this intelligence or who the potential attackers... MORE

The Russian government stated, on February 1, that units of the Aerospace Forces (Vozdushno-Kosmicheskiye Sily—VKS) are to be located on Iturup Island (southern end of the Kurile Islands chain, disputed with Japan). This deployment should be seen as a first step in a strategy aimed... MORE

From one perspective, China has enormous “soft power” in Central Asia, the ability, as Joseph Nye defined it (Bound to Lead: The Changing Nature of American Power, New York, 1990), “to persuade others to do what it wants without force or coercion.” It can and... MORE

During a January 11 meeting with the editors of major Russian print media outlets, President Vladimir Putin praised the North Korean leader, Kim Jong Un, as a mature and “absolutely learned politician.” According to Putin, Kim “has, without a doubt, won the game and achieved... MORE

When Uzbekistanis elected Shavkat Mirziyoyev as their president on December 4, 2016, they entered 2017 with a healthy dose of skepticism that real change would follow. Indeed, during his first public address as the interim head of state, Mirziyoyev, previous president Islam Karimov’s prime minister... MORE