Latest Articles about Economics
China’s Future Naval Base in Cambodia and the Implications for India
Introduction At the 2019 Shangri-La Dialogue in Singapore, People’s Republic of China (PRC) Defense Minister Wei Fenghe dismissed a question on whether the PRC is seeking a future military presence in Cambodia (VOA Cambodia, June 3). This question arose following an assessment by the U.S.... MORE
Uzbekistan Faces Mounting Economic Costs From Staying out of Russian-Led Eurasian Union
During his address to the 20th Plenary Session of Uzbekistan’s Senate, on June 21, President Shavkat Mirziyoyev expressed fears that the country’s manufacturers could face increasing difficulties accessing their traditional export markets. His suggested solution, to join the Eurasian Economic Union (EEU—the Russian-dominated regional trade... MORE
Kremlin Moves in Africa Open a New Round in Russia’s Broader Cold War Against the West
Russia is back in Africa after a nearly-two-decade-long hiatus (see EDM, June 14, 2018; September 4, 2018; November 6, 2018). In some respects, contemporary Moscow is pursuing the same goals of securing political allies that the Soviet government had. Yet, the Russian government is simultaneously... MORE
High-Profile Arrest Is Latest Sign of Dysfunction in Russian Refinery Sector
Russia’s largest independent oil refiner, New Stream, recently emerged from financial devastation to resume operations. But multi-million-dollar fraud charges against its former board chair underscore the problems in an industry reeling from decrepit facilities and a new, profit-gutting tax code. At the same time, the... MORE
Domestic and International Considerations Hamper Development of Russo-Chinese Rail Links
The common desire of Moscow and Beijing to develop railways linking Asia with Europe is not making as much progress as the two parties had hoped or as many had expected. This is due in part to international concerns involving third countries, including the Central... MORE
A Thaw Between Tajikistan and Iran, But Challenges Remain
“Welcome to your second homeland,” President Emomali Rahmon told his Iranian counterpart Hassan Rouhani upon his arrival in Tajikistan for the fifth summit of the Conference on Interaction and Confidence Building Measures in Asia (CICA), on June 15 (Radio Ozodi, June 15). The visit comes... MORE
Chinese Regions to Begin Working Directly with Russian Ones
Russians have become increasingly concerned about Chinese economic and even demographic penetration of Siberia and the Russian Far East; but in most cases, Chinese actions have been blessed by Moscow, which sees them as a source of immediate profit regardless of what the longer-term consequences... MORE
China Explores Economic Outreach to U.S. States Via United Front Entities
Introduction Ever since the seeming collapse of U.S.-China trade talks in early May (China Brief, May 29), state media outlets of the People’s Republic of China (PRC) have unleashed a vitriolic campaign to blame the breakdown of the talks on the alleged bad faith of... MORE
Latvia and the Baltic States Seek Closer Coordination on Relations with China
Introduction—Nordic and Baltic Governments Seek Common Positions for Relations with China On April 1, 2019, a meeting was held between the foreign ministers of the Baltic States and Nordic Countries (Estonia, Latvia, Lithuania, Sweden, Finland, Norway, Denmark and Iceland), or NB8; and of the Visegrád... MORE
Belarus-Russia Integration: No Decision Yet
Despite official declarations to the contrary, June 21 passed by with no joint memorandum on deeper political-economic integration between Belarus and Russia. And while government-linked media outlets in Russia evince equanimity and even satisfaction about how these talks are allegedly progressing, the fact remains that... MORE