Courtesy of The Diplomat, a report on Mongolia’s strategic positioning in the global rare earth sector: Mongolia, rich in minerals especially copper and rare earths, but sandwiched between China and Russia, is making a pivotal shift toward a “third neighbor” – the United States. During a recent visit to Washington, Prime Minister Oyun-Erdene Luvsannamsrai aimed to fortify […]
Read more »Courtesy of The Financial Times, a detailed look at how Mongolia is making sweeping reforms to win over western investors and become less reliant on China and Russia: Thirteen hundred metres beneath the vast Gobi Desert, the heat, dust and a sense of claustrophobia are unshakeable after a rapid trip down a mine shaft in […]
Read more »Via The Interpreter, commentary on how Mongolia – with an abundance of solar and wind power – is set to impact Sino-Russian relations: Mongolia, sandwiched as it is between China and Russia, the world’s two most powerful authoritarian states, is unlucky. Its rich solar and wind potential may prove to be a curse, not a […]
Read more »Via New Eastern Outlook, an article on potential economic projects between Russia and Mongolia: Legally, ties between Russia and Mongolia currently stand at a level of Comprehensive and Strategic Partnership, which they did so following the signing of an indefinite treaty of friendship and comprehensive strategic partnership in 2019 by the leaders of the two […]
Read more »Via the Wall Street Journal, a report on the People’s Bank of China use of currency-swap lines to support governments that borrowed heavily from Chinese banks via the BRI program: Hungry for foreign currency to shore up their dwindling reserves, some troubled countries have in recent years turned to an unusual source of funds: The People’s […]
Read more »Courtesy of The Financial Times, an article on Mongolia’s hopes that a Chinese railway will help boost its Covid-battered economy: Mongolia opened a new rail line to China on Friday that the landlocked country’s prime minister said would help it weather the zero-Covid controls that have disrupted cross-border trade with its powerful neighbour. “The opening of […]
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