Latest Articles about Economics

Transnational Crime on the China-Myanmar Border
On September 6, the United Wa State Party, the political arm of one of the most powerful ethnic resistance armies in Myanmar, handed over 1,207 Chinese online scammers for extradition back to China (Eleven Media Group, September 9; Global Times, September 9). This was the... MORE

Tatarstan Capitalizes on China’s Expanding Role in Middle Volga
Russians have become increasingly accustomed to, if not comfortable with, the expansion of Chinese influence in the Russian Far East, along the Northern Sea Route, and in some of the former Soviet republics of Central Asia and the South Caucasus (see EDM, March 9, May... MORE

Dubious Russian Claims of ‘Doubling’ Arms Production
On September 19, Russian President Vladimir Putin offered comments on the state of Russian defense production at a meeting of Russia’s Military-Industrial Commission in Izhevsk. Putin declared that the production of battle tanks and armored vehicles had doubled from January to August 2023, as compared... MORE

Georgia Intensifies Its Relationship With China
On September 6, China’s ambassador to Georgia, Zhou Qian, made an important declaration regarding Beijing’s interest in the development of the deep-water Port of Anaklia in Georgia. Zhou made clear that China considers the port a “critical component” of the Belt and Road Initiative (BRI)... MORE

Russian Influence Fades in the Multi-Aligned South Caucasus
In a recent interview on September 13, Armenian Prime Minister Nikol Pashinyan reiterated that Armenia can no longer rely on Moscow as a guarantor of its security (Asbarez.com, September 13). This comes against the backdrop of renewed tensions in the South Caucasus, as recent events... MORE

Iran Losing Out to Turkey in Central Asia, Frustrating Tehran
Iran has traditionally faced an uphill battle in its struggle with Turkey for influence in Central Asia. But for most of the past three decades, Tehran has successfully exploited two factors in this fight. On the one hand, the Islamic Republic has relied on its... MORE

Russia’s Drone Industry Hits Serious Turbulence
Russia’s war against Ukraine has challenged its military’s approach to unmanned aerial vehicles (UAV) and the Russian industrial base that supports the development and production of UAVs. According to open-source intelligence, Russia lost about 300 reconnaissance and combat drones as confirmed by photo or video... MORE

Belarus’s International Standing Improves as Domestic Culture Wars Heat Up
The threat of complete closure of the borders between Belarus and certain European Union member states is diminishing (see EDM, September 7). On September 7, Lithuanian President Gitanas Nausėda declared that the issue is losing relevance as the situation with the Wagner mercenaries on Belarusian... MORE

Iran Hopes to Play Spoiler With Planned EU-India Corridor
On September 9, at the G20 summit in New Delhi, United States President Joe Biden signed a memorandum of understanding (MoU) with India and a number of Middle Eastern countries and European Union member states. The agreement aims to create a new trade corridor linking... MORE

Putin-Erdogan Meeting Shows Turkey Unfit to Mediate Between Russia and Ukraine (Part Two)
*Read Part One. The Kremlin offered Turkey several major, highly attractive business projects at the bilateral summit in Sochi on September 4. These would further increase Turkey’s reliance on Russia in key economic sectors and on Russian-generated revenues (see Part One). By the same token, it... MORE