Latest Articles about Economics

Multipolar Mirage: The PRC’s Pivot to Europe

Executive Summary: The People’s Republic of China’s (PRC) is looking to promote an “equal and orderly multipolar world.” Part of this entails encouraging strategic autonomy for European nations and the creation of a “non-American West” which is more amenable to PRC interests. High-level diplomatic engagements... MORE

New Russian Defense Minister’s Tasks Extend Beyond Ukraine

Executive Summary: Russian propagandists believe that new Minister of Defense Andrei Belousov’s ultimate loyalty to Putin and absence of corruption scandals puts him in a prime position to accomplish the tasks set before him. Putin’s move to reorganize his cabinet demonstrates a shift in the... MORE

Serbia Bolsters Connections With Russia and China

Executive Summary: Serbia’s new government is bolstering its connections with Russia through the appointment of Kremlin-linked ministers. Belgrade is also expanding its economic and media links with China following the visit of Chinese Communist Party General Secretary Xi Jinping. The Aleksandar Vučić administration continues to... MORE

Comac’s Homegrown Aircraft Goes Global

Executive Summary: The Commercial Aircraft Corporation of China (Comac) will likely take many years developing into a veritable world-class aircraft enterprise. Over 1,200 orders have been placed for the new C919, primarily from domestic state-owned airlines. Comac has delivered 5 single-aisle planes to domestic airlines... MORE

Foreign Fixations at the Heart of Chinese-style Modernization

Executive Summary: A new report from two high-end PRC think-tanks details the country’s path to modernization in anticipation of July’s Third Plenum but suggests that any shifts in policy direction will be muted. The report emphasizes the triumph of Chinese-style modernization over the Western model... MORE