Latest Articles about Economics
Will the North–South Transport Corridor Overshadow the Baku–Tbilisi–Kars Railway?
Azerbaijani President Ilham Aliyev’s official visit to Iran in early March 2017—his third in three years—was scheduled to include the testing of a section of a new railway along the Iran-Azerbaijan border. The Astara (Iran)–Astara (Azerbaijan) railroad is part of the North–South Transport Corridor (NSTC),... MORE
New Uzbek President Courts Moscow During State Visit
Uzbekistan’s new head of state, President Shavkat Mirziyaev made his first official visit to Moscow, on April 4–5. Though the visit was in fact the Uzbekistani leader’s third foreign trip as president, after traveling to neighboring Turkmenistan and Kazakhstan, Russian commentators nevertheless called it Mirziyaev’s... MORE
Philippines Choose Chinese Investment Over Territorial Defense
In early April, Philippine President Rodrigo Duterte made waves by promising to improve Philippine defenses on islands in the South China Sea. “We have to fortify. I must build bunkers there or houses and make provisions for habitation.” Renovation and expansion of facilities on Paga-Asa... MORE
South Korea’s Presidential Election: Implications for China
The South Korean presidency was scheduled to change hands later this year, but Park Geun-hye’s official removal from office in March 2017 has accelerated the turnover in leadership, with elections scheduled for May 9 (Joongang Daily, March 15). During her truncated tenure, Park initially sought... MORE
Bhutan’s Relations With China and India
The 14th Dalai Lama’s April 4-13 visit to Tawang in the northeastern Indian state of Arunachal Pradesh, over which China lays claim, drew thousands of followers. Among these were some 3,000 Bhutanese, who trekked across mountains to see the Tibetan spiritual leader (India Today, April... MORE
Baku-Beijing Relations and China’s Growing Interest in the South Caucasus
This past January, Azerbaijani President Ilham Aliyev attended a session on “The Silk Road Effect” at the 2017 World Economic Forum in Davos, alongside Georgian Prime Minister Giorgi Kvirikashvili (President.az, January 19). Presumably, the intention of both leaders was to promote the importance of the... MORE
Russia’s Tu-160 Strategic Bomber Faces Development Problems
Russia’s nuclear weapons modernization program raises suspicions and fear internationally. This process, however, faces serious difficulties. A case in point is the Tu-160 strategic bomber, whose maker, Joint Stock Company (JSC) Tupolev, has had trouble fulfilling the necessary modernization and repairs on this nuclear-capable aircraft... MORE
Russian-Chinese Joint Ventures in Russia’s Far East, Arctic
Since 2001, Russian-Chinese relations have been largely grounded in security issues, both military and economic. The former is a shared perception of an increasingly aggressive United States and, in the case of Russia, concerns over the North Atlantic Treaty Organization’s (NATO) deployments on the periphery... MORE
Conflict Escalates Again in Eastern Ukraine: Possible Causes and Consequences
The first quarter of 2017 was marked by a renewed escalation of the armed conflict in eastern Ukraine. The increased military confrontation began in the vicinity of Donetsk, at the end of January, when saboteur-reconnaissance groups of Russia-backed militants made an attempt to seize the... MORE
Kyiv Stops Trade With Occupied Donbas, Slaps Sanctions on Russian Bank Subsidiaries
President Petro Poroshenko has banned cargo traffic between the areas held by Moscow-backed militants in the Donbas area and slapped sanctions on the Ukrainian subsidiaries of Russian state-owned banks. This appears logical, given the continuing Russian occupation of Crimea and assistance to the rebels. However,... MORE