Latest Articles about Economics
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Serbia Bolsters Connections With Russia and China
Executive Summary: Serbia’s new government is bolstering its connections with Russia through the appointment of Kremlin-linked ministers. Belgrade is also expanding its economic and media links with China following the visit of Chinese Communist Party General Secretary Xi Jinping. The Aleksandar Vučić administration continues to... MORE
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Graphene Among New Materials Intended to Unlock New Productive Forces
Executive Summary: Graphene is one of the most promising candidates to boost the new materials sector, which has been the focus of high-level strategic planning in the People’s Republic of China (PRC) for some time. The material’s unique properties make it suitable for applications in... MORE
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Comac’s Homegrown Aircraft Goes Global
Executive Summary: The Commercial Aircraft Corporation of China (Comac) will likely take many years developing into a veritable world-class aircraft enterprise. Over 1,200 orders have been placed for the new C919, primarily from domestic state-owned airlines. Comac has delivered 5 single-aisle planes to domestic airlines... MORE
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Foreign Fixations at the Heart of Chinese-style Modernization
Executive Summary: A new report from two high-end PRC think-tanks details the country’s path to modernization in anticipation of July’s Third Plenum but suggests that any shifts in policy direction will be muted. The report emphasizes the triumph of Chinese-style modernization over the Western model... MORE
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Azerbaijan Continues to Strengthen Ties With Central Asia
Executive Summary: Russia’s war against Ukraine has given Azerbaijan fresh motivation to strengthen relations with Central Asian countries to improve their collective trade, transit, and energy potential. Continued development and increased use of the Middle Corridor is central to Baku’s increased cooperation with Kazakhstan, Kyrgyzstan,... MORE
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Russia’s War in Ukraine Starves Belarusian Railways of Upgrades
Executive Summary: Belarus remains heavily dependent on Russia for its export infrastructure, especially as its Ukrainian options have been closed since Moscow launched the full-scale invasion. Minsk is seeking alternatives to Russian railways by using the still incomplete International North-South Transport Corridor and discussing plans... MORE
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Russia’s Satellite Constellation Deteriorates, Increasing Dependency on China
Executive Summary: Russia’s dual-use Global Navigation Satellite System (GLONASS) is running into roadblocks due to technological deterioration, freeing Moscow to become more aggressive in space affairs. The Russian space industry had relied on stores of imported components to weather the first rounds of Western sanctions,... MORE
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Russian Businesses Maintain Loyalty to Kremlin Despite War-Related Losses
Executive Summary: Russian businesses have experienced serious losses since the beginning of the war in Ukraine due to Western sanctions, but many continue to trust the Kremlin. Some companies viewed the sanctions and the isolation of Russia as an opportunity for growth in the domestic... MORE
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Russia Builds Alternative to SWIFT as Part of Digital Sovereignty Push
Executive Summary: Russia announced in early April that nearly all domestic financial transactions are now being conducted through the Financial Transaction System, which was created as an alternative to SWIFT. The development of new financial systems is part of a broader desire for greater independence... MORE
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Arms Manufacturing in Russia: Q1 2024
Executive Summary: Russia’s State Statistics Service’s (Rosstat) newly published data on the military-industrial complex in Q1 2024 demonstrates limitations for arms production. The increase in some manufactured goods is in part due to Russia evading sanctions to continue importing electronic devices, demonstrating its dependence on... MORE