Executive Summary: In a departure from the long-term economic program announced at the Third Plenum in July, the Party leadership used an unusual politburo meeting in September to acknowledge “new situations and challenges” in the economy, unveiling its most significant stimulus package in recent years.... MORE

Executive Summary: In an apparent U-turn, the People’s Republic of China (PRC) has initiated stimulus policies that have boosted the stock market and are attempting to jump-start key sectors and meet the annual GDP growth target of 5 percent. In the last week of September,... MORE

Executive Summary: Russia’s war in Ukraine has become the world’s first drone, digital, and cyber war, and resilience, innovation, adaptation, and quick learning has allowed Ukraine to keep one step ahead of Russia. Ukraine is fighting a people’s war, and its military-industrial complex has significantly... MORE

Executive Summary: In June 2024, the People’s Republic of China (PRC) introduced additional restrictions on fertilizer exports, sharply reducing urea exports by 83 percent compared to the previous year. This move aims to stabilize domestic prices and safeguard food security, but has disrupted global fertilizer... MORE

Executive Summary: Moscow released the draft proposal for Russia’s federal budget for 2025 and 2026–2027, which shows that the national defense budget will increase significantly from previous years, especially in comparison to the period before its war against Ukraine. For 2023 and 2024, Russia’s military... MORE

Executive Summary: Russian President Vladimir Putin signed a law legalizing cryptocurrency mining in Russia and inaugurated a pilot project for using cryptocurrencies to pay for international trade as a way to circumvent Western sanctions. Russian banks and private interests have also continued to develop Digital... MORE

Executive Summary: Since early July, at least 115 political prisoners have been released from Belarusian prisons, raising important questions about the reasons for such decisions and how they might pave the way for a potential reopening of Belarus’s relations with the West. The Belarusian opposition... MORE

Executive Summary: Earlier this month, a critical section of the Turkmenistan–Afghanistan–Pakistan–India (TAPI) gas pipeline project was inaugurated on the border between Turkmenistan and Afghanistan. The pipeline aims to reshape the energy landscape in Central and South Asia. The primary reason behind the project delays has... MORE

Executive Summary: A recently leaked copy of the audit of Volkswagen’s much-criticized joint-venture factory in Xinjiang indicates that claims made by Volkswagen inside the report are misleading or false. These include suggestions that the audit applied the SA8000 social accountability standard, followed International Labor Organization... MORE

Executive Summary: As Russia suffers under Western sanctions, Kremlin propagandists have turned their attention to Iran and advocated studying the Iranian experience of living under sanctions including Iranian scientific innovation and economic development. Russian officials have sung the praises of the Iranian leadership since the... MORE