Latest Articles about Economics
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The Chinese Steel Industry: Three Pathways to Green Steel
Introduction On February 6, the China Meteorological Association (CMA) published the 2022 China Climate Bulletin (中国气候公报) (China Climate Bulletin, February 7). The annual report provides an overall analysis of China’s climate conditions and tracks significant meteorological disasters and major climate events from the previous year... MORE
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Planned Rail Connection With China Will Elevate Kyrgyzstan’s Strategic Importance
For many years, the successive leaders of Kyrgyzstan could not capitalize on their country’s strategic location along the shortest route connecting China to Central Asia and further onward to the Middle East and Europe. Now, hopes are cautiously mounting that this might be changing. Current... MORE
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Caspian Sea Trade Between Russia and Iran Booming
Russian President Vladimir Putin has made the opening of a north-south trade route between the Russian Federation and the Indian Ocean via Iran a priority for more than a decade. But the project has run into increasing difficulties on both of the two possible land... MORE
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While Moscow Could Not Afford It, China Will Build Railway North to Sakha
In early March 2023, at a meeting in Harbin, Chinese officials committed Beijing to building a railway north from China into the enormous and resource-rich Sakha Republic that dominates the Russian Far East—yet is rather far from the Chinese border (Promvest.info, March 8; Kolyma.ru, March... MORE
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Uncertainty Looms Over Zangezur Corridor as Armenian-Azerbaijani Disputes Persist
In late February 2023, the State Agency of Azerbaijan Automobile Roads announced that 73 percent of the Horadiz-Jabrayil-Zangilan-Agbend highway has been completed (News.az, February 28). This highway, which runs to Agbend, the westernmost town of mainland Azerbaijan, is planned to link up with the Zangezur... MORE
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The Strategic Implications of an Iranian Drone Production Facility in Russia
Over the past few weeks, media reports have proliferated that Tehran is gearing up to build a joint drone production plant in Russia (Euromaidan Press, February 6). According to the reports, Western intelligence believes that the production plant in question is part of a $1... MORE
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National People’s Congress: Premier Li Keqiang Sidesteps Xi’s Economic Approach, Focuses on Reviving Modest Growth
On Sunday, Premier Li Keqiang presented his final Government Work Report (Report) to the National People’s Congress (NPC) laying out broad economic goals while largely steering clear of President Xi Jinping’s quasi-Maoist approach to the economy (People’s Daily, March 5). As he prepares to retire... MORE
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Ten Years On, How is the Belt and Road Initiative Faring in Indonesia?
Introduction “It is not merely talk, but it is about actually building something. From airports to railways, these are industries we can see and touch. This is exactly the sort of courage and real action the world needs right now.” So said Indonesian President Joko... MORE
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Moscow’s Cutback on Icebreaker Construction Opens Door for China in the North
The growing costs of Russia’s war against Ukraine and the Western sanctions imposed at the end of February 2023 on Atomflot, the Russian company that builds icebreakers for Moscow, have forced the Kremlin to cancel plans to build two of three massive nuclear-powered icebreakers capable... MORE
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Russia’s Questionable Naval Modernization During Wartime
The Russian Navy’s participation in the war against Ukraine has been mostly limited to the Black Sea Fleet and Caspian Flotilla. Yet, even with these limitations, Russia has still lost one of its five cruisers and several ships of other types during the conflict (see... MORE