It was not too long ago that Gazprom, the state-controlled energy conglomerate, was one of the Kremlin’s most potent geopolitical weapons. But those days now seem like a distant memory: Gazprom is a financial shadow of its former self.
The David and Goliath struggle between Almaty and Beijing to host the 2022 Winter Olympic Games comes to its conclusion on July 31 as the delegates of the International Olympic Committee (IOC) meet in Kuala Lumpur, Malaysia, to decide who will win the right to host the Games.
China, the world’s largest economy, has set its eyes on Georgia, a traditional gateway between Asia and Europe, and its investment power could transform the poverty-stricken South Caucasus country’s prospects, some observers believe.
Turkish President Recep Tayyip Erdoğan’s state visit to China later this month is intended to show that Turkey, as an international power, has interests well beyond its western alliances. But Ankara’s strong backing of China’s Uighur Muslim minority clouds the prospects for Turkish-Chinese relations.
Central Asia’s two least-developed countries, Tajikistan and Kyrgyzstan, are both heavily dependent on Chinese investment these days. But now it appears Chinese investors are tiring of persistent uncertainty in Kyrgyzstan and are shunning the country in favor of neighboring Tajikistan.
Artik Hadjiev is a middle-aged man with a gentle face and smiling eyes. Sitting in a Bishkek hotel lobby wearing a smart suit, he speaks quietly and eloquently about community building and collective aid. It is hard to believe that some could consider Hadjiev a threat to regional security.
There is a good chance that economic jockeying between China and Russia in Central Asia will intensify in the coming months. For Russia, Chinese economic expansion could put a crimp in President Vladimir Putin’s grand plan for the Eurasian Economic Union.