Latest Articles about Economics

PRC Seeks Dominance in Submarine Power Cable Infrastructure
Executive Summary: Beijing is promoting cross-border power transmission projects, deploying its leading producers of submarine electric cables to deepen integration with other countries’ critical infrastructure. Orient Cables, a national champion firm that has received generous government subsidies and has achieved several technical breakthroughs, is now... MORE

‘Command Innovation’ Model Builds Momentum: Engineering Capital for Strategic Rivalry
Executive Summary: Xi Jinping has elevated Command Innovation to the core logic of the People’s Republic of China’s economy—superseding traditional growth drivers by fusing “self-reliant” strategic-industrial planning with direct financial control. This engineered system gives Beijing new leverage over how capital is deployed and who... MORE

Kremlin Addressing Symptoms Instead of Causes of Coal Industry Downturn
Executive Summary: Russian President Vladimir Putin approved a set of measures in May to support Russia’s coal industry, including subsidies for transportation and exports, aimed at addressing the challenges posed by shrinking global demand, the transition to renewable energy, and economic sanctions. More than half... MORE

Xi Jinping’s Central Position in Official Media Starts to Erode
Executive Summary: The relative absence of supreme leader Xi Jinping in authoritative media could indicate that his power, though still unassailable, is waning. There were no references to Xi or his eponymous ideology in coverage of crucial trade talks with the United States, the announcement... MORE

Authorities Renew Reform and Opening Amid Economic Pressures
Executive Summary: The Party has updated plans to build the Greater Bay Area into a key growth driver, emphasizing attracting foreign investment and overseas talent. The measures from Beijing seek to make it easier for funds and elite global experts to move between the jurisdictions... MORE

Explainer: How Xi’s ‘New National System’ Centralizes Innovation to Counter Tech Containment
Executive Summary: Since 2019, the Party has promoted the construction of a “new national system”—a centrally directed, institutionalized framework for mobilizing state and market resources to achieve breakthroughs in core technologies vital to national power and security. Beijing sees this system as already delivering results... MORE

Kazakhstan and Afghanistan Sign Protocol of Intention on Railway Construction
Executive Summary: Kazakhstan and Afghanistan signed a protocol of intent on April 24 to jointly develop the Turgundi–Herat–Kandahar–Spin Boldak railway, including a logistics hub in Herat and fiber optic infrastructure to support digital connectivity. The railway is one aspect of regional transport development that could... MORE

Kazakhstan Increases Railway Capacity Along Trans-Caspian International Transport Route
Executive Summary: Kazakhstan is expanding rail cargo capacity on the Trans-Caspian International Transport Route (TITR), which uses Kazakhstan to bypass Russian infrastructure between the People’s Republic of China (PRC) and Europe. Major investments, including a second Dostyk-Moiynty rail track and over 1,300 miles of new... MORE

PRC Positions Brazil as Regional Hub in a New Latin American Order
Executive Summary: Brazil, a strategic partner to the People’s Republic of China (PRC), is taking a co-leading role in shaping a regional economic order decoupled from U.S.-centric trade and financial norms. The most consequential outcome of President Lula’s recent visit to Beijing was the signing... MORE

Trade Talks, Real Moves: PRC Locks Down Critical Minerals Behind the Scenes
Executive Summary: Beijing has formally escalated its critical minerals strategy by launching a coordinated, multi-agency campaign to enforce full-chain control over rare earth and strategic mineral exports, mobilizing more than a dozen central and provincial agencies to supervise mining, processing, licensing, and export operations. Authorities... MORE