Chinese-Serbian Economic Cooperation: Sudden Wealth and a Game of Musical Chairs

Chinese investments in Serbia provide an interesting political and economic setting. From the Serbian perspective, a rising global power is offering formidable resources for development. These are coupled with sufficient geographical (and perhaps geopolitical) distance so as to appear merely and genuinely ‘business-oriented’. In a seemingly intensifying game of ‘musical chairs’ between strategic orientations of Serbia towards the EU/US and/or Russia, the Chinese offerings might indeed seem like an escapist dream. Yet, as recent events tend to show, the geopolitical distance is shrinking fast and China is likely to introduce its own chair into the game at one point. What remains to be seen is whether it will be too hot for Serbia to sit on when the time comes. Read more ...

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Not Just a Bridgehead: EU’s (Possible) Vision for Taiwan

From a geoeconomic perspective, Taiwan represents a hot spot that unites the flows of goods and capital from near mainland China, from the South-East Asian cauldron, as well as a bridgehead for Western transoceanic commerce and investment. Not truly an island (in the sense of isolation), but a focal meeting point between two seas and an (open) ocean, Taiwan strategically lies in one of the best positions in opening up the Asian markets to larger influxes of EU-based products and capital. Read more ...

A (Legally) Turbulent Affair: The Textile Industry in Uzbekistan

When thinking where to invest next, Uzbekistan would not necessarily rank first among your options. Nonetheless, a constant high cotton production, low-wage workforce, a relative proximity to the largest  markets, combined with a (seemingly) supportive state agricultural policy and incentives for investors made Uzbekistan’s textile industry an attractive business venue. However, as always, there is another side of the coin. This Mercantile Digest analyzes the challenges (legal and political) of Uzbekistan’s textile industry, while also offering advice for investors in order to prepare themselves in such a delicate economic environment. Read more ...