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China Embraces a Russia Cut off From Western Capital
By Henry Meyer and Evgenia Pismennaya
Bloomberg Businessweek
October 16, 2014
Photograph by Sasha Mordovets/Getty Images
Defying the U.S. and Europe is forcing Russian President Vladimir Putin to aid his biggest rival to the east. To avert a recession, Russia is turning to China for investment, granting it once restricted access to raw materials and advanced weapons, say two people involved in planning Kremlin policy who asked not to be identified discussing internal matters.
Russia’s growing dependence on China, with which it spent decades battling for control over global communism, may end up strengthening its neighbor’s position in the Pacific
By Henry Meyer and Evgenia Pismennaya
Bloomberg Businessweek
October 16, 2014
Photograph by Sasha Mordovets/Getty Images
Defying the U.S. and Europe is forcing Russian President Vladimir Putin to aid his biggest rival to the east. To avert a recession, Russia is turning to China for investment, granting it once restricted access to raw materials and advanced weapons, say two people involved in planning Kremlin policy who asked not to be identified discussing internal matters.
Russia’s growing dependence on China, with which it spent decades battling for control over global communism, may end up strengthening its neighbor’s position in the Pacific
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