Petrodollars have dominated the global energy markets for more than 40 years. But now, China is looking to change that by replacing the word dollars for yuan. Nations, of course, have tried this before since the system was set up by former US Secretary of State Henry Kissinger in tandem with the House of Saud back…
At his trademark annual year-end press conference in Moscow, Russian President Vladimir Putin once again let drop selected foreign-policy nuggets essential to understanding what lies ahead on the turbulent Eurasian geopolitical chessboard. By now it’s well known that Putin will run again in the presidential elections scheduled for March 18 (“it will be self-nomination” and…
If you are looking for the latest breakthroughs in trans-Eurasian geoeconomics, you should keep an eye on the East – the Russian Far East. One interesting project is the new state-of-the-art $1.5 billion Bystrinsky plant. Located about 400 kilometers from the Chinese border by rail and tucked inside the Trans-Baikal region of Siberian, it is now finally open…
The New Silk Roads, known as the Belt and Road Initiative (BRI), will weave and interconnect six major economic corridors. At 12,000 kilometers, the Eurasia Land Bridge Economic Corridor is a rail network from eastern China to western Europe via Kazakhstan, Russia and Belarus. Then there is the China-Mongolia-Russia Economic Corridor, while the China-Central Asia-West Asia…
The Chinese Belt and Road Initiative (BRI), by lending out money using an alternative currency to the dollar, opens up huge spaces for investment and the strategic transformation of the region The overland integration of the BRI, led by China and Russia, aims to create different transit routes for goods as well as different areas of economic development…
In the context of the New Great Game in Eurasia, the New Silk Roads, known as the Belt and Road Initiative (BRI), integrates all of China’s instruments of national power – political, economic, diplomatic, financial, intellectual and cultural – to shape the 21st century geopolitical/geoeconomic order. BRI is the organizing concept of China’s foreign policy…
