Latest Articles about Economics

China’s Hydropower Miscalculation

China’s Jinsha River, literally the “Golden Sands” River, could soon live up to its rich name. The approximately 2300-km long upstream section of the Yangtze River is the site of up to 25, planned large-scale (50 MW and above) hydropower projects (Caixun, May 4; Dongfang... MORE

Organized Crime Exploits China’s Growing Links to Latin America

In April 2012, authorities in the prosperous and generally peaceful Caribbean nation of Belize intercepted a shipment of precursor chemicals sent from China and apparently bound for representatives of the Mexican cartel “Los Zetas.”  The shipment—sufficient to produce an estimated $10 billion in methamphetamines—highlights growing... MORE

Multiple Signs of Stabilization in Belarus

If there is any refrain to recent developments in Belarus, it is political and socio-economic stabilization. First, the International Ice Hockey Federation (IIHF) has not succumbed to political pressure – mainly from the United States – and confirmed Minsk as the venue for the 2014... MORE

Local Government Financing Growing Increasingly Precarious

In 2008, China’s central government launched its own New Deal, heavily promoting massive infrastructure development after the economic downturn. Local governments were more than happy to take up the banner. Now, they are left with shiny new plazas, towering office buildings, highways to nowhere and... MORE

Russia’s Growing Influence in Ukraine: Economics and Energy

The Ukrainian government is negotiating the issue of ruble-denominated government bonds, making the country no longer reliant on IMF assistance. Ukraine’s 2010 IMF assistance package of $15.6 billion was suspended in March 2011 because of Ukraine’s refusal to continue with IMF reforms, in particular raising... MORE

Turkey Inches Closer to Nuclear Cooperation with China

Turkish Prime Minister Recep Tayyip Erdogan, accompanied by members of his cabinet, paid an official visit to China on April 8-11. The first by a Turkish PM in 27 years, the trip was remarkable in many ways and underlined the parties’ continued determination to deepen... MORE