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Vietnam’s VinFast and the “China Plus One” Paradox

By Zhang Shiyao VinFast, Vietnam's largest electric vehicle (EV) manufacturer, wrapped up 2025 with strong momentum: its domestic deliveries more than doubled in 2025, reaching 170,000 units -  roughly one third of the country’s total car sales. With new ...

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China-Central Asia in 2026: From Resource Access to Structured Interdependence
A China-Europe freight train preparing to depart from the China-Kazakhstan (Lianyungang) Logistics Cooperation Base on January 1, 2026. (Photo by Wang Chun / CFoto / CFOTO via AFP)
2025 marked an important inflection point in China-Central Asia relations. Not because China’s presence in the region was new, since Beijing has been a significant economic actor for more than a decade, but because the composition and structure of that engagement began to change in more visible and measurable ways.