This marks the second cross-border railway connection between Mongolia and China, following the Zamiin-Uud–Ereen railway, which was established under a bilateral agreement in 1955.
This marks the second cross-border railway connection between Mongolia and China, following the Zamiin-Uud–Ereen railway, which was established under a bilateral agreement in 1955.
Asia’s Outlook Dims Amid Trade Tensions
US tariffs have reached their highest levels in a century, with many of the steepest aimed at Asia. The region, which contributed nearly 60% of global growth in 2024, is now seeing its trade-led development
In February, The Bank of Mongolia (BoM) purchased 795.3 kg, raising the BoM’s total precious metal purchase of 2022 to 2.4 tons. The figure shows an increase of 464.6 kg as compared with the same period of the previous year.
China’s COVID-19 policy has severely affected Mongolia’s economy as it is “disproportionally dependent on its biggest foreign trade partner Beijing”, said a Canada-based think tank. As the world enters the third year of the COVID-19 pandemic, Mongolia’s economy has been
Rio Tinto has launched a USD 2.7 billion bid to assume full ownership of the Canadian company that owns 66 percent of the giant Oyu Tolgoi copper project in Mongolia.
The Anglo Australian miner has offered CAD 34 a share to
Los Angeles, CA, USA – The Project Godsend production team recently met in Los Angeles and exchanged opinions with Mr. Tsagaan Puntsag (Steppe Arena) on the positive impacts a major Hollywood-Mongolia collaborative film project would have for Mongolia and how
Mongolia has long set a goal to transform from an energy importer to an exporter. However, it remains unable to meet its domestic needs to date. In fact, the country needs to stop being depend on others in terms of
Following the effort in 2021, early in 2022 Oyu Tolgoi LLC reached new agreements with the Government of Mongolia to enable the commencement of caving operations at OT. This action is an essential step in unlocking the full economic potential
The purchase of gold by Mongolia’s central bank was 2,122.9 kg from the beginning of the year, which represents an increase of 6.7 percent compared to the same period of the previous year.
As of February 18-24, the country exported a
Freight transportation between Mongolia and China has significantly risen so far this year. Erenhot, the largest land port on the China-Mongolia border, has handled a total of 503 China-Europe freight trains, up 27.9 percent from the same period last year.
The