Latest Articles about Economics
Shifting Sands in the Gulf: The Iran Calculus in China-Saudi Arabia Relations
The fourth joint meeting on economy and trade convened by China and Saudi Arabia in January 2010 in the Saudi capital of Riyadh came and went without much fanfare. Yet the meeting between China, the world’s second largest and fastest growing oil consumer, and Saudi... MORE
China’s “Charm Offensive” Loses Momentum in Southeast Asia [Part I]
Although the fundamentals of the Southeast Asia-China partnership remain largely unchanged, over the past year or so there has been a discernable change in tone as both sides confront longstanding as well as new problem areas in their relationship. As the nations of Southeast Asia... MORE
Is China Leading the Rebirth of Asia’s Commercial Aircraft Industry?
China may, by the end of the year, start deliveries of the ARJ-21 Xiangfeng (Soaring Phoneix), its first indigenously designed and developed commercial regional jet. According to the Chinese media, the fourth domestically-produced ARJ21-700 plane completed its maiden flight successfully in Shanghai on April 13... MORE
Gas in Exchange for Naval Base: a Boon to Ukraine’s Weak Economy
Moscow has agreed to lower the price of gas for Kyiv by one-third in exchange for extending the lease of the Sevastopol base for the Black Sea Fleet (BSF) by 25 years. The Ukrainian parliament ratified the agreement on April 27, despite protests by the... MORE
Ingush Tycoon Seen as Remedy for the Regional Security and Economic Problems
On April 20, the Russian Investigative Committee announced that it was lifting criminal charges from the well-known Russian billionaire of Ingush descent, Mikhail Gutseriev. Ingushetia’s government welcomed the move and expressed its hope that Gutseriev would contribute to economic projects in the republic (Kommersant, April... MORE
Disagreements Over Finances Emerge between Moscow and Chechen Government
Over 5,000 Chechen families have not received compensation earmarked by the Russian government for those who lost their homes and other property during the war. On April 20, Chechnya’s finance ministry promised to disburse the payments by the end of 2010, but it was unclear... MORE
Belarus: Open for Business?
In early April, the reputable Business Week magazine focused on the Belarusian economy with a laudatory article that suggested the country had become a virtual Mecca for foreign investors. Belarus, it noted, has risen dramatically on the World Bank’s list based on the “ease of... MORE
Yemen’s Dangerous Addiction to Qat
Yemen faces an abundance of complex and interrelated social, economic, and environmental problems. Yemen's many challenges are compounded by the country's addiction to qat. Large parts of Yemen’s society and economy are organized around the consumption and production of this stimulant.Qat consists of the tender... MORE
Karzai’s State Visit Highlights Beijing’s Afghan Priorities
From March 23 to March 25, Afghan President Hamid Karzai conducted a state visit to China. The trip underscored the People's Republic of China's (PRC) support for the Karzai-led government, with the Afghan president telling his hosts that Sino-Afghanistan relations were better than at any... MORE
Syria in China’s New Silk Road Strategy
While the international community is fixated on Iran’s nuclear program, China has been steadily expanding its political, economic and strategic ties with Syria. Since Syrian President Bashar al-Assad visited China in 2004 on the heels of the 2003 U.S. intervention in Iraq, there have been... MORE