Executive Summary: Liu Jianchao is expected to succeed Qin Gang as foreign minister, emphasizing a focus on maintaining positive relations and creating a market-oriented business environment. But questions have been raised about Liu's qualifications, as he lacks experience as an ambassador and is known for... MORE

Executive Summary: The United Aircraft Corporation (UAC) achieved a net profit of 6.1 billion rubles in the first half of 2023, compared to a net loss of 13.3 billion rubles loss during the same period in 2022. Increased UAC revenue and salaries were largely attributed... MORE

Executive Summary: Russia’s war against Ukraine has led to a surge in alcohol consumption in Russia, reaching 2.3 billion liters in 2023 and mirroring Soviet-era trends. The spike in alcoholism correlates with an increase in violent crime across Russia, with over 589,000 felonies in 2023,... MORE

Executive Summary: Russian officials have played up China’s interest in potentially investing in the Vostok Oil project, though significant challenges remain. The mega-project looks to enhance Moscow’s geopolitical ties with Asia, elevate the Northern Sea Route’s competitiveness with the Suez Canal, and promote economic growth.... MORE

Executive Summary: Iran has granted Armenia access to its Chabahar and Bandar Abbas ports to facilitate Yerevan’s trade access to India. The proposed east-west transit route will serve as a supplemental component of the International North-South Transport Corridor in facilitating greater regional trade. Armenia has... MORE

Executive Summary: China has become Russia’s primary economic partner in helping the Kremlin circumvent Western sanctions, with bilateral trade turnover reaching $225 billion in 2023. Beijing’s supply of dual-use components and critical electronic equipment enhances Moscow’s defense production capabilities. Chinese banks play a key role... MORE

Executive Summary: Russia’s industrial sector has become full dependent on China for machine tools and parts critical to arms manufacturing. Moscow’s war against Ukraine, Western sanctions, and the inability to fully realize import substitution efforts has exacerbated Russia’s dependence on China. That reality signals a... MORE

Executive Summary: Putin’s claims that he will never give up the “spoils” won in Ukraine keep Russia locked in the cage of war and render any notions of peace negotiations unrealistic. The degradation of the Russian economy and growing discontent at home casts doubts on... MORE

Executive Summary The GBA, covering 56,000 square kilometers with 70 million people, aims to become a globally renowned economic and technological hub, comparable to bay areas like San Francisco, Tokyo, and New York. Its economic output surpasses 13 trillion RMB ($1.8 trillion) by 2022, exceeding... MORE

Executive Summary: Western sanctions have severely hurt Kaliningrad’s economy, particularly for cross-border transit, tourism, and fishing. The Kremlin has allocated increased subsidies to the region raising questions regarding the sustainability of Kaliningrad’s growing reliance on Moscow for economic aid. The region’s economy remains highly vulnerable... MORE