The Economics of Geography

Moscow: De-dollarisation of Russia-China trade is practically complete
10/09/2023 14:09

Moscow: De-dollarisation of Russia-China trade is practically complete

The share of the US dollar in mutual settlements between Russia and China has substantially shrunk over the past two years, meaning that the de-dollarisation of their bilateral trade is practically complete, Georgy Zinoviev, the director of the Russian Foreign Ministry’s First Asian Department said, according to RIA Novosti.
Kazakhstan outlines key pillars of new economic model 
03/09/2023 18:29

Kazakhstan outlines key pillars of new economic model 

Kazakhstan should resolutely transition to a new economic model, prioritizing tangible improvements in citizens’ lives, said President Kassym-Jomart Tokayev in his annual state-of-the-nation address.
More than 40 countries to participate in 20th China–ASEAN Expo
03/09/2023 12:00

More than 40 countries to participate in 20th China–ASEAN Expo

This year, over 40 countries and 1,700 companies are expected to participate in the fair, Sui Guohua, vice governor of Guangxi, said at a press briefing.
Iran awards major airport project to Chinese contractor
02/09/2023 07:00

Iran awards major airport project to Chinese contractor

Saeed Chalandari, who serves as CEO of Imam Khomeini International Airport (IKA), said that Iran will spend at least 2.5 billion euros ($2.7 billion) to build a second phase at the airport under the contract signed with the unidentified Chinese company, according to the MEHR news agency.
OPINION: China eases restrictions on labor migration, and that is excellent
01/09/2023 18:38

OPINION: China eases restrictions on labor migration, and that is excellent

The world is moving in Jiangsu, Shandong, Jiangxi, and Zhejiang. These Chinese provinces are rolling back their huji restrictions on domestic mobility, spearheading an announced partial dismantling at the national level. This turnaround is a boon for Chinese workers, for China, and for the global economy. Hundreds of millions of Chinese will gain additional freedom of mobility. The humanitarian and economic opportunities are enormous.
Belt and Road cooperation has made massive advances over the past decade 
29/08/2023 07:00

Belt and Road cooperation has made massive advances over the past decade 

Massive advances have occurred through jointly building the Belt and Road over the past decade, said a Chinese government official.
The impending change of world order
25/08/2023 08:00

The impending change of world order

By a given world order, we mean not only the economic and inter-state organisation of the international system, but also its leading ideas, or more precisely their organic relationship. While the previous world order was defined by unipolar neoliberalism, a multipolar system based on the great sphere order is now emerging.
China could gain huge technological superiority
25/08/2023 07:00

China could gain huge technological superiority

According to a recent Critical Technology Tracker by the Australian Strategic Policy Institute (ASPI), the Western world's position in the global technology race is weakening, whether it is research breakthroughs or the ability to attract international talent, both of which are critical to the evolution of technological development.

The art of economic warfare
25/08/2023 05:00

The art of economic warfare

Decide for yourself what consequences the different attempts at economic coercion have in the different areas using our handy summary.
Tourism boom boosts Türkiye's economy
23/08/2023 07:00

Tourism boom boosts Türkiye's economy

Türkiye’s current account moved into surplus for the first time in nearly two years, as a boom in tourism and a lower energy import bill helped ease pressures on the economy during a shift in domestic policies, Bloomberg reported.
China's foreign trade to sustain growth with resilience, potential
20/08/2023 12:05

China's foreign trade to sustain growth with resilience, potential

China's foreign trade is expected to maintain steady growth despite a challenging external environment, as the country continues to strengthen endogenous impetus and expand multilateral economic and trade relations, experts have said, according to Xinhua.
Turkish Airlines claims to be world first by destination countries 
19/08/2023 07:00

Turkish Airlines claims to be world first by destination countries 

Turkish Airlines has announced that it now ranks number one in the world in terms of destination countries, a claim it shared during its H1 2023 results presentation.
Kyrgyzstan and Uzbekistan to pass over Kazakhstan in trade route with Russia
08/08/2023 12:23

Kyrgyzstan and Uzbekistan to pass over Kazakhstan in trade route with Russia

The Southern Transport Corridor is going to stretch from Kyrgyzstan via Uzbekistan and the Caspian Sea port of Turkmenbashi in Turkmenistan to the port of Astrakhan in Russia.
UAE economy aims to reach over 800 billion USD by 2030
05/08/2023 10:36

UAE economy aims to reach over 800 billion USD by 2030

The United Arab Emirates is looking to accelerate economic growth in the coming years as it seeks to double its gross domestic product to over $800 billion by the end of the decade.
Oman's industry on the rise
03/08/2023 07:00

Oman's industry on the rise

The Sultanate of Oman achieved significant progress in its industrial performance, ranking 56th globally and 5th in the Arab world in the Competitive Industrial Performance Report for 2023, the Oman Observer reported.
Singapore’s Changi airport sees traffic soar to over 5 million in June
02/08/2023 11:00

Singapore’s Changi airport sees traffic soar to over 5 million in June

Singapore’s Changi Airport, ranked the best in the world, saw passenger traffic surge close to pre-pandemic levels in June amid summer travel demand.

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