Russia’s Weakened Hand Could Pay Off For Beijing In Major Gas Deal
Investors continue to pull billions of dollars out of the Russian economy in the response to the crisis in Ukraine, so Moscow could use Beijing’s money.
By Guest Column Nick Cunningham—— Bio and Archives--May 21, 2014
Global Warming-Energy-Environment | Comments | Back To Full Article
A major gas deal between Russia and China could finally be sealed this week when Russian President Vladimir Putin visits China on May 20-21 and meets with President Xi Jinping. In the lead up to Putin’s arrival, the two sides have been working on putting the finishing touches on a 30-year contract for a gas deal a decade in the making, and Russian officials have suggested that the deal will be completed by Putin’s arrival.
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