Latest Articles about Economics

Trade Along Trans-Caspian International Transport Route Surges

Executive Summary: The Trans-Caspian International Transport Route (TITR), or Middle Corridor, has evolved as a key alternative for trade between Europe and the People’s Republic of China (PRC) due to sanctions against Russia. The route bypasses Russia and transits through Central Asia, the Caucasus, and... MORE

Russian Business Scheme to Circumvent Tariffs and Fund War

Executive Summary: Moscow introduced a new accounting scheme enabling European buyers to pay for gas in rubles, circumventing U.S. sanctions and using intermediaries and currency exchanges to bypass restrictions.  Russia has expanded its shadow fleet and increased its oil tanker capacity by 70 percent, helping... MORE

The Four Main Groups Challenging Xi Jinping

Executive Summary: Xi Jinping faces challenges to his authority from four main groups: retired party elders such as Li Ruihuan and Wen Jiabao; princelings, especially those based overseas; military leaders, such as Zhang Youxia; and parts of the middle and entrepreneurial classes who are voicing... MORE

Dreams Deferred in Xi’s New Year’s Speech

Executive Summary: Xi Jinping’s New Year’s speech hinted at weaknesses in the People’s Republic of China. The speech emphasized the many hardships that people are currently facing at home while acknowledging fears about a turbulent external environment. Xi did not mention “national rejuvenation” and he... MORE

Russia Seeks to Extend Transport Routes to Afghanistan

Executive Summary: Western sanctions against Russia have hampered northern cargo transportation routes used by most Eurasian states, leading Russia to increase relations with the Taliban government on transport communications to connect to the South Asian market. Extending the International North-South Transport Corridor to Afghanistan and... MORE

PLA Steps up Security Cooperation With Russia in 2024

Executive Summary: This year’s second joint aerial patrol between the People’s Republic of China (PRC) and Russia marked the debut of the nuclear-capable H-6N bomber, demonstrating Beijing’s intent to project nuclear deterrence and challenge Western strategic dominance. The two countries have expanded security cooperation this... MORE