Author: Dilara Cansın KEÇİALAN

Transformations in the international financial and economic system show that by 2025, the global monetary architecture will have increasingly evolved into a fragile and multipolar structure. One of the most visible elements of this change is the acceleration noted by the People’s Republic of China to the international use phase of the national currency yuan. China’s ever-increasing share of global trade includes rapidly expanding economic networks under the Belt and Road Initiative (BRI) and its strategic efforts to reduce dependence on the United States (USA) dollar, a more frequent use of the Yuan currency as a means of payment and…

Central Asia has historically been the crossroads of trade routes and various civilizations. Today, the legacy of this rich past defines Central Asia’s strategic position on the international stage. The China-led Belt and Road Initiative (BRI) plays an important role in the region’s resurgence. Central Asian countries are an important crossroads of this project. From this perspective, Ankara Center for Crisis and Political Studies (ANKASAM) presents the views of Dr. Mher Sahakyan, Director of China-Eurasia Council, to assess the impact of the Belt and Road Initiative on China-Central Asia relations. 1.What is the Belt and Road Initiative in Central Asia…