Experts say China and Russia's ties are growing not out of a mutual affinity, but out of a necessity to avoid total domination by the U.S., whose strategy is only accelerating their rapprochement.
China and Russia have forged a strategic partnership that has only grown tighter as the United States tried to curb their geopolitical rise — it's far from a perfect relationship, but experts say they appear determined at improving it as they seek to expedite a global economic shift to the East.
"The Dragonbear is about counterbalancing arising centrifugal forces in all fields — from global economy, finance and trade, to diplomacy and political links, to military, defense and strategic alliances," she added."But it also has a lot to do with the countries' overlapping understanding that the world is in a system transformation, whose results are unpredictable and whose implications might be very dangerous for them.
Remyga noted that Chinese investors officially have only put up $16 billion toward Russia during 2011-2017,"less than 3 percent of Chinese investment abroad." He explained how China has yet to offer Russia badly-needed funds in its infrastructure, instead favoring energy, agriculture and real estate. He also said that the $100 billion overall trade figure recently attained by the two was still"not so big.
"If it goes well, it will be a good example for big cooperation between the BRI and EEU," he added, also underscoring their efforts toand conduct more deals in their national currencies, as well as the euro. "China now imports 589 million tonnes of oil equivalent annually, making it the largest net importer of energy in the world. Russia has become an indispensable and strategically aligned energy supplier for China to mitigate against potential energy disruptions." Lemahieu said at the time."Russia, in turn, has prioritized China as its leading defense partner in the region, above historically warmer relationships with Vietnam and India.
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