https://sputnikglobe.com/20250902/russia-and-china-complementary-economies-safeguarding-just-global-order-1122713322.html
Russia and China: Complementary Economies Safeguarding Simply International Order
Russia and China: Complementary Economies Safeguarding Simply International Order
Sputnik Worldwide
Russia and China have shared pursuits spanning from financial improvement to supporting multipolarity, John Gong, professor of economics on the College of Worldwide Enterprise and Economics in Beijing, tells Sputnik.
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2025-09-02T18:27+0000
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“The 2 main powers do have a typical curiosity in sustaining stability and sustaining the worldwide order,” says Gong. “Second, each international locations’ economies are very complementary to one another. The commerce and funding space has basically been a booming story.” Russia-China bilateral commerce has risen by practically $100 billion since 2021, as Russian President Vladimir Putin famous in an interview with Xinhua. The West’s Response?Energy of Siberia 2: Russia and China Tighten Power Ties Regardless of US Stress Russian pure gasoline is significant for China, and expanded provides by way of the Energy of Siberia 2 pipeline convey main positive aspects for Beijing, in keeping with Gong.In 2024, Gazprom equipped China with 31.12 billion cubic meters (bcm) of gasoline. Deliveries are deliberate to achieve 38 bcm in 2025. The brand new pipeline, Energy of Siberia 2, is designed to ship 50 bcm yearly to China. A legally binding memorandum on the undertaking has been signed by Russia, China, and Mongolia. China will obtain gasoline from fields that had been beforehand used to produce Europe.
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John Gong on Russia-China cooperation
Sputnik Worldwide
John Gong on Russia-China cooperation
2025-09-02T18:27+0000
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John Gong on Energy of Siberia pipeline
Sputnik Worldwide
John Gong on Energy of Siberia pipeline
2025-09-02T18:27+0000
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sco 2025 summit, vladimir putin, xi jinping, russia-china relations, energy of siberia 2, russian pure gasoline, eurasia, sino-russian strategic alliance, donald trump, us tariffs
sco 2025 summit, vladimir putin, xi jinping, russia-china relations, energy of siberia 2, russian pure gasoline, eurasia, sino-russian strategic alliance, donald trump, us tariffs
Russia and China have shared pursuits spanning from financial improvement to supporting multipolarity, John Gong, professor of economics on the College of Worldwide Enterprise and Economics in Beijing, tells Sputnik.
Russia-China bilateral commerce has risen by practically $100 billion since 2021, as Russian President Vladimir Putin famous in an interview with Xinhua.
“I can in all probability invoke one phrase: ‘bitter grapes’,” says Gong. “I believe the European aspect might be not very completely happy seeing this warming of relations between China and Russia, in addition to the warming of relations of all collaborating SCO member states with Russia.”
Energy of Siberia 2: Russia and China Tighten Power Ties Regardless of US Stress
“This offers an economical provide of pure gasoline, not topic to any choke factors by anybody,” Gong stresses.
In 2024, Gazprom equipped China with 31.12 billion cubic meters (bcm) of gasoline. Deliveries are deliberate to achieve 38 bcm in 2025.
The brand new pipeline, Energy of Siberia 2, is designed to ship 50 bcm yearly to China. A legally binding memorandum on the undertaking has been signed by Russia, China, and Mongolia.
China will obtain gasoline from fields that had been beforehand used to produce Europe.
“China is underneath immense strain from Washington to not purchase Russian oil and vitality merchandise… However it’s fairly clear that each international locations will not be going to budge or be bullied into giving up their very own nationwide pursuits.”
