Latest Articles about Economics

China and Burma to Finalize High-Speed Rail Project

China and Burma (Myanmar) are reportedly finalizing a detailed plan that could start work on a high-speed railroad connecting the two countries in as quickly as two months, with some reports indicating that the railroad will be completed by 2015 (China Daily, November 22, Xinhua... MORE

Ukraine Achieves Limited Progress in EU Integration

In November, the European Union offered Kyiv a plan for visa-free travel and the European parliament recognized that Ukraine has a right to apply for EU membership. Previous Ukrainian governments, perceived in Europe as more pro-European than the current one, could not boast such achievements.... MORE

Medvedev Highlights Possible Zastoi as Political System Decays

On November 30, President Dmitry Medvedev will deliver his annual address to parliament in a highly ritualized ceremony solemnly demonstrating loyalty and obedience to the “boss.” The triple irony of this event is in the non-existent personal loyalty to the junior member of the ruling... MORE

Beijing Wages Economic Diplomacy to Counter “China Threat” Theory

Beijing is waging an economics-focused diplomacy of reassurance to counter the “China Threat” theory and to augment its political clout particularly in the Asia-Pacific and European regions. In the last two years of its term of office, the Hu Jintao leadership is expected to use... MORE

China’s Expansionist Policy Toward Kazakhstan Takes a New Turn

In a bid to expand its presence in Central Asia in geopolitical competition with the US and Russia, China seems determined to use every available means ranging from the energy sector to intensifying its military cooperation within the framework of bilateral “strategic partnership” programs. One... MORE

Kremlin Plan for Resettling Unemployed Ingush in Sverdlovsk Falters

Ingush settlers who come to Russia’s Sverdlovsk region, located in the Ural mountains, in search of work have found little employment and government support. “From the very beginning, this widely advertised [Ingush resettlement] program was doomed to failure,” the former representative of Ingushetia in Sverdlovsk... MORE

Medvedev Adrift in a Sea of Economic Multi-polarity

The G20 summit in Seoul last week was outstanding in its intensity of divergences that this crisis-born institution sought to harmonize. The US unfortunate unilateralism in money-making and China’s shameless currency manipulation, the prudence of budget austerity and the need in stimulating stalled growth, irreducible... MORE

Uzbekistan Considers Closer Ties with the Persian Gulf

Uzbekistan is increasingly set on expanding regional trade and transport initiatives, which is also part of a wider regional trend. In September, Uzbek President, Islam Karimov, and his Azeri counterpart, Ilham Aliev, agreed to support regional transit projects as part of overall efforts to revive... MORE