MOSCOW — Chinese officials have visited Russia, the Russian government has announced plans to increase trade volume with China by $200 billion in the next few years and the China National Petroleum Corporation has expressed interest in increasing its stake in Russian oil giant Rosneft.
So, is Russia pivoting to China or not? This question took on ideological importance when, early in the Ukrainian crisis, the Kremlin stepped up its propaganda, touting China as an alternative to Moscow’s partnership with Europe.
Even the most critical take on Russian-Chinese relations must acknowledge that the relative share of Russia’s trade with China has tripled …read more
Source: The Huffington Post