Illustration: Craig Stephens
Opinion
Opinion
China and Russia aren’t economic equals but, thanks to the US trade war, their partnership looks built to last
- Until now, Russia’s relationship with China has looked decidedly one-sided, but Donald Trump’s trade war has changed all that, and Moscow could be a natural hedge against international pressure
Illustration: Craig Stephens
Workers of China National Petroleum Corporation (CNPC) at a construction site for laying natural gas pipelines connecting China and Russia, in Heihe prefecture of Heilongjiang province on China’s border with Russia on January 25, 2018. Photo: China Daily via REUTERS
Russia’s plans for Arctic gas may be an alternate source for China’s energy needs, sate Chinese appetite for US energy products
- Russia’s agreement with Chinese state-owned oil firms to develop natural gas in the Arctic Circle could provide an alternative channel for China’s energy needs
- Meanwhile, US-China trade war acts as a brake on potential investments by Chinese energy majors in some US projects
Topic |
Energy
Workers of China National Petroleum Corporation (CNPC) at a construction site for laying natural gas pipelines connecting China and Russia, in Heihe prefecture of Heilongjiang province on China’s border with Russia on January 25, 2018. Photo: China Daily via REUTERS