Economic Corridor Project Milestones: Monitor official announcements for specific infrastructure tenders and investment flows related to the China-Mongolia-Russia Economic Corridor.
Local Currency Trade Volumes: Track central bank data on the percentage of trilateral trade being settled in CNY, RUB, and MNT. A rapid increase would confirm the de-dollarization trend.
SCO Institutional Growth: Observe developments within the SCO, particularly any progress toward establishing an SCO Development Bank, which would further institutionalize an alternative to Western-led financial systems.
Western Diplomatic Reactions: Pay close attention to policy statements and potential countermeasures from the United States and the European Union in response to this deepening Eurasian alignment.

Geopolitical Sanctions: Increased alignment against perceived Western interests heightens the risk of sanctions for companies and financial institutions deeply involved in these trilateral projects.
Implementation Hurdles: Large-scale, cross-border infrastructure projects are inherently complex and face significant risks of delays, cost overruns, and regulatory challenges in three different jurisdictions.
Mongolia's Strategic Balancing Act: While currently pragmatic, any significant shift in Mongolia's foreign policy—driven by either internal politics or pressure from its "third neighbors"—could introduce instability and impact long-term projects.