Latest Articles about Economics

Russia Faces Serious Problems in Helping China Corner Rare Earth Mineral Market
Moscow very much hopes to strengthen both itself and its alliance with Beijing by helping China corner the rare earths market in response to American plans for a blockade of Chinese technology producers. Russia could do so by providing supplies of these critical minerals to... MORE

Can Beijing Seize the “Opportunity of the Century”?
As President Xi Jinping said farewell to his host and Russian counterpart Vladimir Putin at the end of his visit to Moscow last month, a few Western media outlets caught the Chinese strongman’s parting words to his good friend on the doorstep of the Kremlin:... MORE

Kazakhstan Building Up Caspian Tanker Fleet to Bypass Russia
In an aim to make itself more independent of Russia, Kazakhstan is rapidly expanding its fleet of oil tankers so it can ship more oil across the Caspian to Azerbaijan and then onward to the West via the Baku-Tbilisi-Ceyhan pipeline—rather than using mostly Russian routes... MORE

Azerbaijan Pivots to the Balkans
On April 13, Azerbaijani President Ilham Aliyev paid an official visit to Sarajevo, Bosnia-Herzegovina. While there, Aliyev met with his counterparts, the members of the Bosnian tripartite presidency, Željka Cvijanović, Denis Bećirović and Željko Komšić (Azertac, April 13). Despite the shortness of the visit—Aliyev departed... MORE

Belarus and Russia Advance Economic Integration (Part One)
Russia’s war against Ukraine has understandably overshadowed numerous other developments across Eastern Europe that would normally attract significant international attention. One of these is the lingering theme of bilateral integration between Belarus and Russia under the auspices of the Union State. And even with the... MORE

Moscow Wants Russian Society to Pay for War in Ukraine (Part Two)
*Read Part One. Russia’s war of aggression against Ukraine is creating a myriad of problems for the Russian economy. While the Russian state budget is experiencing a deficit, the Russian Central Bank posted some uninviting news: its annual deficit for 2022 was 27 times higher... MORE

Azerbaijan and Kazakhstan Optimize Middle Corridor
On April 10, Azerbaijani President Ilham Aliyev paid a one-day official visit to Kazakhstan (President.az, April 10). This visit took place about six months after the first official visit of Kazakhstani President Kassym-Jomart Tokayev as the head of state to Azerbaijan in August 2022 (The... MORE

Rising Russian-Chinese Tensions Over NSR Could Spark Russian Military Clash With West
In March 2023, at his summit meeting in Moscow with Chinese President Xi Jinping, Russian President Vladimir Putin announced that he was ready to create a joint Chinese-Russian working group to develop what the Russians call the Northern Sea Route (NSR) and the Chinese the... MORE

China’s Growing Economic Power in Uzbekistan
Against the backdrop of the Russo-Ukrainian war and fluctuating relations between Kazakhstan and Russia, Uzbekistan is gaining strategic importance for China as a potential stable emerging market in Central Asia. As a result, Beijing has made more concerted efforts to expand its soft power throughout... MORE

Xi Seeks to Reinvigorate Military-Civilian Integration
Introduction In a speech to the People's Liberation Army (PLA) and the People's Armed Police Force (PAP) delegation to the National People's Congress (NPC) on March 8, Chinese President and Central Military Commission Chairman Xi Jinping called for accelerating the development of "integrated national strategies... MORE