Sofia Pale

Trump Sets Oceania Alight

5634234234With the coming to power of the new US president Donald Trump, the tiny countries of Oceania, which have always been in dire need of additional funding, have made attempts to find out how far his pre-election slogan “Let’s make America great again!” will extend. Specifically, whether America…

The New Silk Road: a Wealth of Opportunities ...

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Nepal is a small country in the Himalayas squeezed between India and China. These two Asian giants have long been vying for Nepal. Though, traditionally, India was considered Nepal’s key partner, lately China has been gaining…

Chinese Businessmen are Now Investing Heavily...

452343241231As you may  know, tourism is an incredibly profitable sector of any economy. It is also an important sphere of international relations that leads to ever growing trust and mutual understanding between peoples…

‘Yuan-ization’ of the World is Un...

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On October 1, 2016 China’s yuan has been officially accepted in the list of the IMF’s reserve currency with a share of 10.93%, taking third place after US dollar (41.73%) and euro (30.93%). This means that all central banks of…

Vladivostok to Become a Pivotal Hub of the As...

243231231In August, 2016 the Chinese city of Changchun hosted the 21st summit of international exchange and cooperation of Northeast Asian regional administration officials. The forum was attended by delegations from Russia, China…

Russian Business Interests in China

243421312313Russian President, Vladimir Putin, was the key player at the G20 Summit that took place in September 2016 in China. This was due to not only political reasons: the Russian leader managed to garner extra…

Myanmar Makes a Choice

34523434234In August 2016, the Minister of Foreign Affairs of Myanmar and the State Counsellor (the major position in the government – author’s note), Aung San Suu Kyi made an official visit to China. This was her first visit to the People’s…

Who Will Win in the Struggle for Chinese Tour...

3453453452342423Chinese tourists have visited every angle of the world. The Chinese tourist boom started began after 2008, when many countries of in the world either introduced either a visa-free regime for Chinese citizens, or simplified the visa…

Where Will First Chinese Overseas Military Ba...

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As history shows, significant improvement of a country’s economic situation inevitably boosts its military ambitions. The world has been holding its breath for the last 30 years witnessing…

Myanmar and China on the Path to New Relation...

3453453444Six months ago, in November 2015, Myanmar held a landmark parliamentary election for the first time in a quarter of a century. The iconic leader of the opposition party, the National League for Democracy (NLD), and Nobel Peace Prize Winner…

Sri Lanka: Another Battlefield for India and ...

34534Recently, the continuation of the largest Chinese project on the island of Sri Lanka came to light. It concerns the construction of a huge housing estate, called City Port near Colombo, Sri Lanka’s main port. The new area will be equipped with…

Australia and China: Do Bitlateral Relations ...

453453453453Australia and China have a long history of mutually beneficial cooperation. Over the past five years, bilateral trade volume has grown by about fifty percent, and that was…


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