Mongolia used to be considered one of the most remote places on earth. So far from western Europe and the US that is was hardly considered, except for the occasional documentary here and there. After 300 years of Chinese rule and 70 years as a Soviet protectorate, Mongolia is enjoying its first true economic boom of sorts.
It is enjoying its proximity to the large neighbouring markets of China and Russia thanks to the rise in their economies over the past decade. The power of these two giants does not merely stop here. China is seeking natural resources as far away as Africa and Latin America. Russian oligarchs are firmly established in Europe and the migration continues today. Once ignoring their largely desolate neighbour, it seems that many are now keen to set up shop in any way possible in Mongolia.
