In the three decades since the collapse of the Soviet Union, the Russian Federation and China have pursued divergent interests in post-Soviet Central Asia, as Moscow seeks to retain its influence even as Beijing’s “soft power” grows, underpinned by its dynamic economy. In a recent sign of the latter, Chinese …

On April 9, Haruhiko Kuroda stepped down as the Bank of Japan (BOJ) governor after serving for a decade, and the newly appointed governor Kazuo Ueda officially took office. While both have emphasized the stability of BOJ’s monetary policy, there is a growing concern regarding a potential change in the …

In the aftermath of global financial exclusion, Russia has had to make some strategic adaptations. The West’s sanctions had crippling consequences, and the Kremlin scrambled to find alternatives. In light of these developments, China became an important ally, and the Yuan—its currency—has taken on a more prominent role. It is …