Latest Articles about Economics
Xi Seeks to Accelerate China’s Drive for Self-sufficiency
One of the defining themes of General Secretary Xi Jinping’s first decade in power has been to promote self-sufficiency to insulate the People’s Republic of China’s (PRC) economy and political system from external shocks. These efforts have assumed added urgency as a result of the... MORE
The Enemy of My Friend Remains My Friend: China’s Ukraine Dilemma
Introduction State media in China remains equivocal about the level of destruction and mayhem caused by the Russian invasion of Ukraine. However, the Chinese government has stated it will meet the challenge of overcoming strained global supplies resulting from the conflict, and has emphasized that... MORE
Russia’s War in Ukraine and Kaliningrad’s Final Farewell to the Gains of the Past
Moscow’s war of aggression against Ukraine and the ensuing international sanctions have particularly harmed Kaliningrad Oblast, a coastal exclave that is physically separated from Russia and wedged between two European Union and North Atlantic Treaty Organization (NATO) members. Local sources have reported skyrocketing prices for... MORE
China Building Railroads Northward, Enriching Moscow but Threatening Russia
Chinese firms are building railways into the Russian north in order to secure access to the enormous reserves of natural resources there. From one point of view, these efforts are helping Moscow, which itself lacks the funds to build railways in the far-flung areas east... MORE
Russian Challenges in Missile Resupply
After more than three months of its undeclared war of aggression against Ukraine, Russia fired over 2,100 cruise missiles and short-range ballistic missiles at targets inside the embattled country. Now it is facing a growing deficit of these types of stand-off weapons (Twitter.com/DefenceHQ, June 11).... MORE
Assessing Czech and Slovak Dependence on Russian Gas
On May 31, Denmark’s largest energy company, Ørsted, and the Netherlands’ state-owned GasTerra became the latest victims of Russian natural gas supply termination for refusing to pay for this resource in Russian rubles, as demanded by President Vladimir Putin. In prior weeks, Moscow halted gas... MORE
Iran Opens Ababil-2 Drone Factory in Tajikistan: Reasons and Implications
On May 16–17, with much of the attention in Eurasia still fixated on the Russian-Ukrainian war, the chief of staff of the Iranian Armed Forces, Major General Mohammad Bagheri, paid a visit to Tajikistan, where he met with President Emomali Rahmon and senior military officials.... MORE
Putin’s War Accelerating Ukraine’s Demographic Collapse, Experts Say
Ukraine experienced sharp demographic decline even before Russian President Vladimir Putin launched his full-scale re-invasion earlier this year. The Ukrainian population fell from 52 million in 1993 to just over 41 million by the start of 2022. For that matter, it would have been declining... MORE
Surveys and Opinion Makers Shed Light on Events Affecting Belarus
Between April 8 and 18, Chatham House conducted its ninth online survey of Belarusian urbanites since August 2020. According to that latest poll, 40 percent of Belarusians do not support Russia’s war with Ukraine, whereas 32 percent do. “Since our sample focuses only on the... MORE
Georgian Transit Booming Because of War in Ukraine and Anti-Russian Sanctions
On June 3, the Georgian Ministries of Internal Affairs and Finance announced that all employees of the Border and Customs Department would begin operating each of the country’s physical border checkpoints continuously, in emergency mode, 24 hours a day, 7 days a week (Businessfeed.ge, May... MORE