Latest Articles about Economics

Beijing Revives China–Kyrgyzstan–Uzbekistan Railway
Executive Summary: Beijing, Bishkek, and Tashkent signed a joint agreement in June to finance and begin constructing the oft-discussed China–Kyrgyzstan–Uzbekistan railway by October 2024. After many years of discussion, China finally pledged to finance over half of the project’s costs, and the parties appear to... MORE

Ant Group Expands Overseas But Still Hampered By The State
Executive Summary: Ant Group’s strategy since the fallout from its canceled IPO in 2020 and subsequent crackdown on the fintech sector has seen it seek opportunities while capturing projects within the People’s Republic of China (PRC) that are aligned with government priorities. Key markets for... MORE

Illuminating the Future: Developments in PRC Photonic Chip Production
Executive Summary: In June, the first pilot production line for photonics microchips in the People’s Republic of China (PRC) was launched at Shanghai Jiao Tong University’s Chip Hub for Integrated Photonics Xplore (CHIPX), as the country explores new approaches to chip design. The PRC sees... MORE

Afghan Canal Project Affecting Not Only Central Asia but China and Russia Too
Executive Summary: As currently planned, Afghanistan’s Qosh Tepa Canal will divert water from the Amu Darya river away from Central Asian countries, including those usually referred to as “water surplus” states, as well as China and Russia. Kabul does not participate in any water-sharing accord... MORE

The Dubious Future of Russia’s Proposed Orbital Station
Executive Summary: Key Roscosmos executives have signed and approved a schedule for the deployment of a new Russian orbital station, ROS, which is planned to be deployed by the early 2030s. Complications abound in achieving these lofty expectations, as growing shortages in human, scientific, technological,... MORE

Geopolitical Tensions Complicate Proposed Kazakhstan–Turkmenistan–Afghanistan Transit Corridor
Executive Summary: Kazakhstan, Turkmenistan, and Afghanistan have agreed to develop a trilateral transit corridor that would connect India to Russia via the eastern branch of the International North-South Transport Corridor. Moscow and New Delhi have enjoyed stronger ties lately, and both governments would support such... MORE

Putin’s Kremlin Struggles to Weather Storm as Russian Society Becomes More Disillusioned
Executive Summary: Russian sociologists claim that President Vladimir Putin’s militant regime is relatively stable despite imbalances in Russian society–such as the unstable economy caused by the war against Ukraine and the challenges it has brought and will bring to the population. Propaganda pushes Russians to... MORE

Russia’s War Against Ukraine in 2024 and Looking Ahead to 2025
Executive Summary: The failure for Ukraine’s 2023 counteroffensive was largely due to delays in the West’s funding and fears in some Western countries of escalation if they clearly define and declare their overarching goal as Ukraine’s ultimate victory and Russia’s total defeat. While Russia has... MORE

Transformation of Caspian Sea Region Into Energy Hub Gaining Momentum (Part Two)
Executive Summary: The Caspian Sea region looks to become an international energy hub as the European Union seeks alternatives to its energy dependence on Russia through the export of natural gas from littoral Caspian Sea states. Moscow is concerned about the prospect of the Caspian... MORE

Kazakhstan Expands Trade Relations With United States and Europe
Executive Summary: Kazakhstan is looking to bolster trade relations beyond Eurasian Russia to the European Union and the United States partly due to Moscow’s war against Ukraine and sanctions imposed against Russia, limiting economic opportunities. The rich natural resource deposits in Kazakhstan will likely attract... MORE