Executive Summary: The People’s Republic of China (PRC) continues to use Hong Kong to test policies and build support for the internationalization of its currency, the renminbi (RMB). The city is now the world’s largest offshore RMB clearing center. The Cross-border Interbank Payment System (CIPS)... MORE

Executive Summary: China, through the Belt and Road Initiative (BRI), plays a central role in developing transit networks in Kyrgyzstan and Tajikistan, aiming to unify regional road infrastructure and facilitate Chinese exports. Chinese involvement provides economic benefits to Kyrgyzstan and Tajikistan but also gives China... MORE

Executive Summary: Through television broadcasts overseas, like Jongugu Sapar in Kyrgyzstan, the People’s Republic of China (PRC) presents an image of ethnic harmony and economic development in Xinjiang, downplaying or omitting signs of colonialism, forced labor, or suppression of Turkic cultural identity. The PRC’s positive... MORE

Executive Summary: In June 2024, the People’s Republic of China (PRC) introduced additional restrictions on fertilizer exports, sharply reducing urea exports by 83 percent compared to the previous year. This move aims to stabilize domestic prices and safeguard food security, but has disrupted global fertilizer... MORE

Executive Summary: The People’s Republic of China (PRC) has trained 2,700 foreign police officers in the past year and pledged to train an additional 3,000 in the coming 12 months, as part of its growing involvement in global security governance. The Global Public Security Cooperation... MORE

Executive Summary: The People’s Republic of China (PRC) has successfully used its hosting of the Forum on China-Africa Cooperation to burnish its soft power and its credentials to be seen as the leader of the Global South. Close political alignment on core issues, including African... MORE

Executive Summary: The People’s Republic of China (PRC) has established a framework of authority and values that fosters voluntary compliance from subordinate states, as exemplified by the Solomon Islands’ recent diplomatic alignment with Beijing, abandoning recognition of Taiwan in favor of the PRC. The PRC... MORE

Executive Summary: Ant Group’s strategy since the fallout from its canceled IPO in 2020 and subsequent crackdown on the fintech sector has seen it seek opportunities while capturing projects within the People’s Republic of China (PRC) that are aligned with government priorities. Key markets for... MORE

Executive Summary: The People’s Republic of China (PRC) sees the Shanghai Cooperation Organization as an important part of a wider strategy to construct a new international order. Beijing projects soft power through promoting norms, discursive constructs, and policy preferences in the SCO which member states... MORE

Executive Summary: Beijing pressures the Kyrgyz government to censor voices criticizing the People’s Republic of China (PRC), its companies, and its citizens within the Kyrgyz Republic. As PRC companies have expanded in country—particularly in the mining sector—extensive environmental damage has provoked local protests. Some cultural... MORE