Russia-China economic relations : Moscow's road to economic dependence
Zusammenfassung: Russia's full-scale invasion of Ukraine has fundamentally changed the terms of Russia-China economic relations. Economic cooperation with China has become vital for the Russian economy. Trade turnover between Russia and China has increased significantly since February 2022. However, Chinese companies remain hesitant about investing in Russia. Energy cooperation remains the backbone of Sino-Russian cooperation, but the expansion of Russian exports is hindered by infrastructure limitations. Russian arms exports have declined in recent years. Meanwhile, China exports large quantities of dual-use goods to Russia, which are urgently needed by the Russian military industry. Sino-Russian cooperation in the digital economy has been hit hard by Western sanctions. China's digital giants cancelled several projects in Russia due to fears of secondary U.S. sanctions. Russia's trade with China is mainly conducted in Chinese yuan. However, Russia continues to rely on the U.S. dollar for trade with the rest of the world
- Alternative title
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Russisch-chinesische Wirtschaftsbeziehungen
- Location
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Deutsche Nationalbibliothek Frankfurt am Main
- Extent
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1 Online-Ressource (39 Seiten)
- Language
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Englisch
- Notes
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Illustrationen
"Updated English version of SWP-Studie 16/2023"
Gesehen am 24.05.2024
- Bibliographic citation
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SWP research paper / Stiftung Wissenschaft und Politik ; 2024, 6 (May 2024)
SWP research paper ; 2024, 6 (May 2024)
- Classification
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Wirtschaft
- Event
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Veröffentlichung
- (where)
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Berlin
- (who)
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SWP
- (when)
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[May 2024]
- Creator
- Contributor
- DOI
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10.18449/2024RP06
- Handle
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10419/296472
- URN
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urn:nbn:de:101:1-2407221257166.730893940861
- Rights
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Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Last update
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25.03.2025, 1:51 PM CET
Data provider
Deutsche Nationalbibliothek. If you have any questions about the object, please contact the data provider.
Associated
Time of origin
- [May 2024]