Latest Articles about Trade

Georgia Attempts to Revive Strategic Anaklia Deep-Sea Port Project

In all likelihood, the Georgian government has decided to seriously deal with the project of constructing the strategically important deep-sea Port of Anaklia, which was suspended in 2020 when the government canceled the $2.5 billion contract with previous investor Anaklia Development Consortium (ADC) (Eurasianet, January... MORE

The Russia-Ukraine War: Has Beijing Abandoned Pragmatic Diplomacy?

Introduction Chinese diplomats contend that Beijing’s position on the “Russia-Ukraine conflict” (俄乌冲突  E wu chongtu) or the “Ukraine issue” (乌克兰问题, Wukelan wenti ) is “consistent and clear” (一贯的、明确的,  yiguan de, mingque de) (People’s Republic of China Ministry of Foreign Affairs [FMPRC], May 5). However, China’s... MORE

Mongolia’s Currency Crisis: Made in China?

Introduction When COVID-19 lockdowns closed the People’s Republic of China’s (PRC) borders in 2020, imports entering Mongolia came to a grinding halt, leading to domestic inflation and product shortages. Exports also declined significantly, further constricting the flow of U.S. dollars into the country. More than... MORE

China-Lithuania Tensions Boil Over Taiwan

Introduction After Lithuania decided to open a Taiwanese Representative Office in July 2021, China responded with an all-out diplomatic and economic pressure campaign against the Baltic nation of 2.8 million people. The Chinese government expelled the Lithuanian ambassador, recalled its own ambassador from Vilnius in... MORE

Suez Closure Brightens the Future of China’s New Silk Road

Introduction On March 23, the 240,000-ton, 1,312 feet long (399 meters) Panama-flagged MV container ship Ever Given, drawing 47 ft 7 in (14.5 meters) and carrying 20,000 containers from China’s Yantian International Container Terminal in Shenzhen, Guangdong Province bound for Rotterdam, accidentally grounded its bow... MORE