Latest Articles about Economics
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Hunting Season for Multinationals in China?
There is a widespread perception among the foreign business community in China that there has been a concerted crackdown on multinational companies since China’s new government took power in March. There have been many headline-grabbing cases in which multi-national corporations (MNCs) faced legal or regulatory... MORE
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How to Watch the Third Plenum: Political Issues
On Saturday, November 9, China will begin a major meeting on economic policy, expected to produce major statements of intent for reform. The outcomes of this meeting will be mainly economic policies, but as a headline statement about the direction of China under the Fifth-Generation... MORE
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Russia’s Eurasian Integration Projects Threatened by Internal Dissent
On October 24 and 25, Belarus hosted two high-level meetings of heads of state of the Supreme Economic Council of the Eurasian Economic Community (EurAsEc) and the Commonwealth of Independent States (CIS). While these gatherings enabled their participants to discuss a wide range of issues... MORE
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Will Belarus’s Social Model Survive Yet Again?
According to the Legatum Global Prosperity Index (LGPI), Belarus is a country with average prosperity: it is 58th out of 142 countries for which the index in question has been just published (www.svaboda.org/content/article/25150395.html?). Much like on the Human Development Index, according to the LGPI ranking,... MORE
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Turkey’s Undersea Marmaray Railway Tunnel Unites Europe, Asia
Inaugurated on October 29, 2013, the 90th anniversary of the founding of the Republic of Turkey, Istanbul’s undersea Marmaray railway tunnel is the world’s first connecting two continents and is designed to withstand earthquakes up to 9.0 on the Richter scale. Turkey’s Prime Minister Recep... MORE
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SOE Background of Rising Leaders Threatens Reform
The recent detention of senior executives of the China National Petroleum Corp (CNPC) has highlighted a major question about China’s economic plans: Whether the Xi Jinping-Li Keqiang administration has finally decided to restructure the 110 or so yangqi, or state-owned enterprise (SOE) groupings. Li has... MORE
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Chinese Trade-Charm Push Reaches UK and India
China’s trade-backed charm offensive has reached India and the United Kingdom, as Chinese leaders signed a raft of trade deals with the United Kingdom and a border pact with India that may reduce incidents along the Line of Actual Control (LAC). These follow high-profile trade... MORE
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The Future of the Railway Link Between Azerbaijan, Georgia and Turkey Is Still Vague
Suspending the construction of large infrastructure projects is one of the primary accusations that President Mikheil Saakashvili and his team make against the government of Prime Minister Bidzina Ivanishvili in the run up to the presidential elections scheduled for October 27. These projects would arguably... MORE
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Russia Conducts Trade Warfare on Multiple Fronts
Russia’s trade restrictions against Lithuania (ban on Lithuanian dairy products since October 7, threats to ban meat and fish products, harassment of Lithuanian road transport at the Russian border—see EDM, October 11) constitute but one front of Moscow’s ongoing trade warfare targeting several European countries... MORE
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India Looses out to China in Central Asia’s Uranium Competition
During the first week of October 2013, a high-level delegation of India’s Department of Atomic Energy visited Uzbekistan to discuss bilateral cooperation in the field of nuclear energy. According to several informal reports published in the Indian media, New Delhi expects to sign a four-year... MORE