Latest Articles about Economics
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China’s Shades of Grey
China seems to call out for dramatization. In part this may be the result of its tumultuous history from the First Opium War and the Taiping Rebellion through to the Cultural Revolution and the death of Mao Zedong in 1976. In part it is a... MORE
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Mongolia’s Coal Development Policies Tied to Goal of Reducing Proportion of Chinese Investment
On August 22–25, 2012, Dai Bingguo, Chinese State Councilor and top national security advisor to President Hu Jintao, went to Ulaanbaatar to meet newly installed Mongolian government and parliamentary leaders. This visit may in part have been a reaction to US Secretary of State Hillary... MORE
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Russia’s Arctic Project Moves Forward but Epitomizes Russia’s Economic and Defense Problems
For several years, Russia has been telling the world about how it will build up its commercial, energy and military position in the Arctic. Recently, it appears to have begun the actual implementation of those linked projects. Thus, President Putin has nominated Federation Council member... MORE
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Russia’s Far East Moves Toward Hosting APEC Summit
Russia’s Primorie region in the country’s Far East moved to finalize the construction of high-profile projects, designed to prepare for the upcoming APEC summit meeting next month in Vladivostok. However, Prime Minister Dmitry Medvedev’s recent visit there has only served to underline the continued problems... MORE
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Congress Reviews Central Asia (Part Two): Non-Security Issues
Much of the July 24 hearing of the Subcommittee on Europe and Eurasia of the House Foreign Affairs Committee (for Part One of this article, detailing security issues, see EDM, August 1) focused on how to promote US economic goals in Central Asia, as well... MORE
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Coping with the East-West Imbalance in Belarus’s Foreign Relations
On July 18, Russia’s Prime Minister Dmitry Medvedev paid an official visit to Minsk. Medvedev’s visit was somewhat clouded by the July 4 penetration of Belarus’s airspace by a light Swedish plane that took off in Lithuania and dropped 1,000 toy teddy bears carrying human... MORE
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Kazakhstan Puts Components in Place for Caspian Shipping
On July 25, Kazakhstan’s coastal city of Aktau hosted an expert-level conference on implementing global standards for maritime shipping at Caspian ports (News.az, July 25). Organized by TRACECA’s Logistics Processes and Motorways of the Sea (LOGMOS) project, the conference signals the inauguration of an important... MORE
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Ukraine Increasingly Relies on Chinese Finances
China has preliminarily agreed to lend more than $7 billion to Ukraine. In addition, an agreement has been signed between the two countries’ central banks on a currency swap worth $2.4 billion. Although it is likely to take months of talks to agree on the... MORE
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Chinese-Built Tunnel Projects in Tajikistan Could Bolster KKT Route of NATO’s NDN
On July 11, the excavation of the Shahristan tunnel connecting northern and southern Tajikistan was completed. When opened, the 5,253-meter-long tunnel will reduce travel time between Dushanbe and Khujand by two hours (BBC Tajik, July 11). More importantly, the tunnel will make the route safer... MORE
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Uzbekistan’s Balancing Act With China: A View From the Ground
The exact reasons for Uzbekistan’s decision to withdraw from the Collective Security Treaty Organization (CSTO) at the end of June remain unclear (Xinhua, June, 29; Russia Today, June 28, 2012). However, while Tashkent seems to have soured on the Russian-led regional organization, President Islam Karimov... MORE