Latest Articles about Trade

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

China and the Myanmar Junta: A Marriage of Convenience

Introduction On February 1, the Myanmar military (also known as the Tatmadaw) staged a coup to overthrow the democratically elected National League for Democracy (NLD) government and subsequently imposed a year-long state of emergency. NLD leaders, including State Counsellor Aung San Suu Kyi and President... MORE

Is the RCEP China’s Gain and India’s Loss?

Introduction On November 15, fifteen nations in the Indo-Pacific region — including China, Japan, South Korea, Australia, New Zealand, and the ten ASEAN members Brunei, Vietnam, Laos, Cambodia, Thailand, Myanmar, Malaysia, Singapore, Indonesia and the Philippines — signed the world’s largest trade agreement. Known as... MORE