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Mongolia's economy is stuck between China, Russia and US

Reelected prime minister must navigate geopolitical tensions

| Mongolia
Ulaanbaatar's residential area, the district where the poorer part of the population lives: nearly a third of the nation's 3.2 million people live below the poverty line.   © Giulia Marchi/Getty Images

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

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