Latest Articles about Economics

China Faces Wintertime Energy Crisis of its Own Making

Northern China is facing an energy crisis this winter due to shortfalls in heating gas. Since mid-December, reports from Hebei, the province that surrounds Beijing and Tianjin, indicate that schools and residential areas are going without natural gas for heating. In Quyang county (曲阳县), southwest... MORE

Hungary: China’s Gateway to the EU Market

On November 24, Li Keqiang, China’s premier and top economic official, arrived in Budapest to great fanfare (China Economic Daily, November 29). Although Hungary is not typically on lists of major economic partners for China—even maps of the trans-Eurasian Belt and Road Initiative (BRI) skip... MORE

Russian Military Mass Mobilization: Fact or Bluff?

Based on the words of the Russian leadership and the actions of local officials, the country has entered a new stage of confrontation with the West and now has to prepare for looming war. Speaking, on November 22, at a meeting of defense ministry leaders... MORE

Armenia and EU Sign New Partnership Agreement

Armenia and the European Union signed a Comprehensive and Enhanced Partnership Agreement (CEPA) at the fifth Eastern Partnership summit in Brussels, on November 24 (Armradio.am, Eeas.europa.eu, November 24). CEPA, which took nearly two years of consultations and negotiations to come to fruition, replaces the Association... MORE

U.S.-China Summits Point to Shift Toward Economic Statecraft

During President Trump’s trip to Beijing and the ASEAN Summit in November 2017, President Trump and President Xi confirmed that the future of U.S.-Chinese relations will focus largely on opportunities for U.S. and Chinese businesses, potential security cooperation, and ongoing points of friction. The ASEAN... MORE