Expectations regarding President Vladimir Putin’s visit to Beijing on Saturday (June 25) had been rather subdued, and the modest results were mostly immaterial. Last year, the two leaders grandiosely celebrated their countries’ World War II victory over the Axis powers; and in 2014, they announced a great increase in economic ties and an allegedly historic natural gas deal (see EDM, May 22, 2014). But the implementation of this deal has been delayed, and the volume of bilateral trade—instead of the promised fast expansion—has contracted by about 30 percent. Thus, Putin’s argument that the Russia-China relationship should be redefined from a …read more
Source: The Jamestown Foundation
