A deep dive into how state influence, Asian trade, and domestic production are reshaping the Russian economy
In 2025, the Russian economy looks very different from the one analysts feared would crumble in 2022. State-owned giants are booming, trade is shifting decisively eastward, and domestic industries are rapidly substituting imports. Over the past three years, GDP growth has consistently outpaced the global average, unemployment has fallen to historic lows, and the groundwork for a fundamentally reshaped economic model has been laid. The economy has reinvented itself under pressure, revealing a resilience that few outside Russia…
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