Economy

9 August 2024
Japanese Prime Minister Fumio Kishida has canceled his trip to Central Asia. (Photo by Toshiki Sasazu)
Campaign posters are seen in Ulaanbaatar ahead of the June 28 parliamentary elections. (Photo by Anand Tumurtogoo)
Politics

Mongolia votes in historic election under revamped system

Parliament expanded to promote inclusion but public shows little enthusiasm

28 June 2024
Mongolian Prime Minister Oyun-Erdene Luvsannamsrai, center, attends a commencement ceremony for underground production at the Oyu Tolgoi copper mine in the Gobi Desert in March 2023.
Economy

Mongolia digs in against doubts over fund to spread mining wealth

PM insists resources should benefit all; some question implementation, transparency

1 June 2024
Protesters gather on the steps of the State Palace in Ulaanbaatar in December 2022: Demonstrations have been an important part of the social landscape.
Opinion

Mongolia needs to be reconnected to the outside world

COVID and Ukraine war have left nation even more dependent on China and Russia

3 February 2023
Ulaanbaatar's residential area, the district where the poorer part of the population lives: nearly a third of the nation's 3.2 million people live below the poverty line.
Opinion

Mongolia's economy is stuck between China, Russia and US

Reelected prime minister must navigate geopolitical tensions

29 June 2020
Supporters of the Mongolian People's Party rally in Ulaanbaatar, the capital of Mongolia, ahead of the country's parliamentary elections. (Photo by Anand Tumurtogoo)
Politics

Mongolian ruling party set to retain power with virus success

As economy slips, prime minister pushes Wednesday poll despite calls for caution

23 June 2020
Delegates applaud as Chinese President Xi Jinping arrives for the opening session of China's National People's Congress at the Great Hall of the People in Beijing on May 22. (Xinhua via AP)
Politics

Xi's Hong Kong power grab deftly masks domestic shortcomings

With a single stroke, president shuts down critics in his party and justifies US tensions

23 May 2020
With Chinese and European clients canceling orders across the board for processed cashmere, Khatant International Chief Executive Bayarmaa Byambaa has idled her factory in Emeelt, Mongolia. (Photo by Anand Tumurtogoo)
Commodities

Cashmere piles up in Mongolia as coronavirus cripples trading

Herders fret over debts with prices two-thirds lower than 2019

17 May 2020
With exports and domestic consumption crashing, China, the world's second largest economy, could be on course for losses of up to $1.6 trillion this year, according to the ADB. 
Economy

ADB warns coronavirus threatens to chop 10% off global output

Bank says fiscal and monetary responses needed immediately to soften fallout

15 May 2020
Beijing is expected to focus on investing in infrastructure like power generation as it tries to restart the economy in the aftermath of the coronavirus outbreak.
Caixin

China fires up coal power plant construction

Surge in first-quarter approvals possibly related to COVID-19 outbreak

5 May 2020
Tourist and school buses are seen at a parking lot near Kwai Chung Container Terminal in Hong Kong, April 1: The novel coronavirus outbreak has devastated the territory's tourism industry.
Economy

Pandemic to cut Asian growth to 2.2%, worst since 1998 crisis: ADB

Thailand, Hong Kong and seven other economies to shrink, China to slow sharply

3 April 2020
A child wears a mask in Thailand slum. The World Bank's forecast of a "third shock" could devastate economic growth and increase poverty across developing Asia. (Photo by Akira Kodaka)
Interview

World Bank warns of 'third shock' after coronavirus and trade war

Developing Asia urged to address expected poverty surge, financial distress

31 March 2020
Foreign students in Japan are allowed to work in unskilled-labor positions, such as convenience store work, for up to 28 hours per week. (Photo by Ken Kobayashi) 
Japan immigration

Japan intensifies crackdown on student visa overstayers

Number of countries subject to stricter checks to increase tenfold

11 February 2020
Despite the fanfare surrounding use of Gwadar port for trade with Afghanistan, experts say the facility has a long way to go before China sees any return on its investment.
Belt and Road

Beijing-backed Pakistan port opens as hub for Afghanistan trade

Gwadar challenges Indian interests in region, but China's ROI remains unclear

23 January 2020
An Azerbaijani company will sell these chocolate candies, made with green tea from Mie Prefecture, at local supermarkets, with plans to eventually take the confections to Russia, Europe and the Middle East.
Trade

Japan's farmers find customers abroad through H.I.S. travel agency

Discount trip planner puts Azerbaijan branches to work selling green tea

21 December 2019
Central Asia's most populous country has the veneer of a multiparty system but no true opposition.
Politics

Uzbekistan election exposes limits of image-polishing reforms

China's economic influence will inevitably become political, experts say

19 December 2019
Uzbek President Shavkat Mirziyoyev, in a written interview with the Nikkei Asian Review, said joining the World Trade Organization and cracking down on corruption are among his immediate priorities.
Interview

Uzbekistan plans over $6bn in joint projects with Japan

President Mirziyoyev to pitch resource development during Japan trip

18 December 2019
The talks between representatives of Taliban militants and a number of Afghan political factions in Beijing come as the U.S. has yet to resume peace talks with the Taliban. (Nikkei Montage)
Belt and Road

China to host Afghan rivals in drive to expand Belt and Road

Taliban included in peace talks as Beijing aims to isolate Xinjiang separatists

27 October 2019
From left, Naypyidaw, Putrajaya and Astana (source photo from Reuters)
Politics

A short history of relocating capitals in Asia

Indonesia's move has precedents in places such as Myanmar and Malaysia

30 August 2019
Chinese President Xi Jinping is pushing his signature Belt and Road Initiative with the goal of creating a massive economic zone that will link China to Europe by land and sea.
Comment

Russia is in danger of being overrun by China's Belt and Road

A new Eurasian order is in the making, with Beijing in the driver's seat

17 August 2019
Kazakhstan's interim president, Kassym-Jomart Tokayev, has promised to write off the mortgage and tax debts of low-income people, straining the government's budget.
Economy

Kazakhstan's political uncertainty weighs on its currency

Transition to permanent president and the ruble to determine tenge's value

29 July 2019
Gombojav Zandanshatar, chairman of the State Great Hural of Mongolia, speaks to the Nikkei Asian Review in Tokyo on May 30. (Photo by Manami Yamada)
The Future of Asia 2019

Mongolia braces for delay of state coal giant's IPO

Parliament chief says elections could interrupt move to list company this year

31 May 2019
The resignation of Kazakh President Nursultan Nazarbayev, left, in March made way for Kassym-Jomart Tokayev to take the reins of government. (Nikkei montage/Source images by Reuters and Getty Images)
Asia Insight

Kazakh strongman leaves unfinished business in rush to secure legacy

Chinese projects take back seat as Nazarbayev's successor seeks stability

7 May 2019
Kassym-Jomart Tokayev told a ruling party convention on April 23 he would ensure the "continuity" of his predecessor's policies, including on the economy and foreign trade.
Politics

Former Kazakh strongman backs successor in presidential election

New leader faces task of jump-starting growth and foreign direct investment

24 April 2019
Kassym-Jomart Tokayev takes the oath after he assumed the post of Kazakhstan's interim president during a joint session of the houses of parliament in Astana.
Politics

New Kazakh president vows 'continuity' as world eyes who's next

Long-serving predecessor still looms large and has daughter in chain of succession

21 March 2019