Geoeconomics

Technology Policy: Convergence and Crossroads in Biden vs. Trump 2.0

Since the mid-2010s, technology has been the topic du jour in Washington, DC policy circles. Trump’s crusade against Huawei and Biden’s war on China’s semiconductor industry reflect this new norm of the centrality of technology to US politics, as...

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Central Asia’s Middle Corridor Expansion: Opportunity for China and Iran

The sustained attacks on merchant shipping in the Red Sea by Yemen’s Iranian-backed Houthi rebels since November 2023 have given a fresh boost to a budding Central Asian trade network known as the “Middle Corridor” and, in so doing,...

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The Great Himalayan Chessboard: China, India, and the Geopolitical Gambit in Nepal

Nepal’s geographical and topographical attributes have endowed it with a newfound significance in the foreign policy realm, where nations strategically pursue power and influence. This significance is particularly pronounced in hydropower development, where the confluence of ambitions between China...

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China’s Belt and Road Initiative: Politics Over Economics

When international delegates to the Third Belt and Road Forum gather in October 2023, they might find the focus of China’s Belt and Road Initiative (BRI) has shifted again. If that happens, it could prompt some to wonder anew...

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The Middle Corridor through Central Asia: Trade and Influence Ambitions

The “Middle Corridor”—a loosely defined trade route that spans the Central Asian steppe, the Caspian Sea, and the Caucasus mountains—has both engendered excitement and disappointment for almost two decades. Also known as the China-Central Asia-West Asia Corridor, it links...

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Putin Is Doing Xi’s Dirty Work (and the West Is Helping Him)

Ultimately, Russia and the West can and should be partners, not Russia and China. The infrastructure is in place: numerous oil and gas pipelines, extensive rail connections, and convenient ports. Russia and the West face common challenges from China,...

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The Regional Dimension to U.S. National Security

The United States defines its national security interests in global terms. With every iteration of the National Security Strategy and the National Defense Strategy, every region of the world is acknowledged as having importance to American interests. Yet the...

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The War’s Impact on Russia’s Economy and Ukrainian Politics

Editor’s Note: This article by FPRI scholar Mitchell Orenstein is a product of a workshop on “The Global Order after Russia’s Invasion of Ukraine,” hosted by the University of Pennsylvania’s Perry World House on April 14, 2022.   Moscow...

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China’s Belt and Road Initiative in Kenya

Through trade, investment, and strategic diplomacy, China is re-shaping sub-Saharan Africa. Beijing has growing economic ties with Africa’s largest economies and Chinese firms dominate infrastructure construction projects. In 2020, nearly one-third of infrastructure projects in Africa worth at least...

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Banks, Not Tanks: Using Money as a Geopolitical Tool

In my last article, I noted that the tendency to define U.S. power as the ability to deploy military force was running up against clear limits, because “without the ability to instantaneously transport equipment and personnel from one area...

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