BakuTiflis

  • China’s Digital Yuan: It’s Quietly Changing Real Lives

    Forget the headlines about currency wars or tech supremacy for a moment. China’s digital yuan—the e-CNY—is doing something much more grounded: making everyday money work better for actual people. By the end of 2025, it had already powered more than 3.4 billion transactions worth around $2.3 trillion. That’s not lab-test volume anymore. And starting this…

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  • China’s Four Global Initiatives.

    China has recently become one of the primary forces for global leadership against a backdrop of uncertainty. Although the global order has become more interconnected than ever before, the turbulent geopolitical landscape does not have a functioning framework to guide world society on a clear path to properly interact and navigate with each other. Developments…

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  • Donju: North Korea’s NEPMen

    North Korea is quite possibly one of, if not the last, traditional socialist planned economies that exist on earth. However, with all the state governance and control over the country’s political economy, an entrepreneur class has emerged called the “donju.” In some respects, they are akin to the Soviet Nepmen during the New Economic Policy…

    Editor –