Latest Articles about Economics
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Russia’s Diamond Industry Under Pressure of Stricter Sanctions
Executive Summary: EU member states and other Western powers have introduced restrictive sanctions against Russia’s diamond-producing industry, a major contributor to the Russian economy, such as restrictions against the import of Russian diamonds directly or from other countries. Other diamond-producing countries, many of which are... MORE
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Xi Sets Out 2029 Vision At The Third Plenum
Executive Summary: Chinese Communist Party (CCP) General Secretary Xi Jinping has solidified his position as the driving force behind achieving a “high-quality socialist market economy” by 2029. The recent CCP Central Committee Plenum indicated that he would rule until at least 2032. The Third Plenary... MORE
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Moscow Seeks to Drive ‘Peace’ Wedge into Trans-Atlantic Unity
Executive Summary: As new peace proposals are published, Russian President Vladimir Putin does not appear to be any closer to accepting negotiations with Ukraine to conduct a ceasefire or end the war. The European Union, except for Hungary, is showing stronger support for Ukraine, aiming... MORE
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Russia’s Kurganmashzavod Factory Data Shows the Limits of BMP-3 Production Rates
Executive Summary: A recent report from the Royal United Services Institute shows data on the production rates of Russian arms, including the manufacturing of BMP-3 armored vehicles from the Kurganmashzavod (KMZ) manufacturing company, the only producer of this vehicle. Despite increasing employees, working hours, and... MORE
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Beijing Revives China–Kyrgyzstan–Uzbekistan Railway
Executive Summary: Beijing, Bishkek, and Tashkent signed a joint agreement in June to finance and begin constructing the oft-discussed China–Kyrgyzstan–Uzbekistan railway by October 2024. After many years of discussion, China finally pledged to finance over half of the project’s costs, and the parties appear to... MORE
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Ant Group Expands Overseas But Still Hampered By The State
Executive Summary: Ant Group’s strategy since the fallout from its canceled IPO in 2020 and subsequent crackdown on the fintech sector has seen it seek opportunities while capturing projects within the People’s Republic of China (PRC) that are aligned with government priorities. Key markets for... MORE
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Illuminating the Future: Developments in PRC Photonic Chip Production
Executive Summary: In June, the first pilot production line for photonics microchips in the People’s Republic of China (PRC) was launched at Shanghai Jiao Tong University’s Chip Hub for Integrated Photonics Xplore (CHIPX), as the country explores new approaches to chip design. The PRC sees... MORE
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Afghan Canal Project Affecting Not Only Central Asia but China and Russia Too
Executive Summary: As currently planned, Afghanistan’s Qosh Tepa Canal will divert water from the Amu Darya river away from Central Asian countries, including those usually referred to as “water surplus” states, as well as China and Russia. Kabul does not participate in any water-sharing accord... MORE
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The Dubious Future of Russia’s Proposed Orbital Station
Executive Summary: Key Roscosmos executives have signed and approved a schedule for the deployment of a new Russian orbital station, ROS, which is planned to be deployed by the early 2030s. Complications abound in achieving these lofty expectations, as growing shortages in human, scientific, technological,... MORE
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Geopolitical Tensions Complicate Proposed Kazakhstan–Turkmenistan–Afghanistan Transit Corridor
Executive Summary: Kazakhstan, Turkmenistan, and Afghanistan have agreed to develop a trilateral transit corridor that would connect India to Russia via the eastern branch of the International North-South Transport Corridor. Moscow and New Delhi have enjoyed stronger ties lately, and both governments would support such... MORE