Showing posts with label Casey Michel. Show all posts
Showing posts with label Casey Michel. Show all posts

Saturday, 13 February 2016

Can China Really Save Central Asian Economies? (Casey Michel, The Diplomat)

Ever since the Eurasian recession began in earnest — or, predating that, when it was clear that Russia’s economic engine would stall under Vladimir Putin’s third term — there has nonetheless been a source of hope for Central Asia’s economies: China. On the backs of China’s One Belt, One Road (OBOR) platform, Beijing has stepped in to provide Central Asian economies with the necessary trade, transport, and internal investment to offset a reeling Russia and sinking hydrocarbon prices. For the past few years, China has stood as the region’s economic trump card — a rising Chinese tide would, as the regional governments assumed, raise their fortunes as well.

http://thediplomat.com/2016/02/can-china-really-save-central-asian-economies/