Moscow has much leverage over Europe as a gas supplier, but an over-reliance on Beijing carries long-term strategic risks
China’s new isolation has created plenty of difficulties in Sino-Russian ties, but its influence on strategic relations should not be exaggerated: the problems that have arisen can hardly be described as a serious crisis.
In a world increasingly shaped by U.S.-Chinese superpower rivalry, Russia seeks to maintain an equilibrium, though not equidistance, vis-à-vis China, America, and their rivalry.
China’s energy infrastructure is simply not yet ready for Beijing’s concerted efforts to curb emissions, which opens up new opportunities for Russian hydrocarbon exporters.
Testing the possibilities of internationalizing the Chinese currency in Russia is a tempting prospect for both Beijing and Moscow, but agreements on paper simply aren’t enough to change reality.
Chinese and Russian online propagandists share broadly similar goals and tactics, but they still tend to work separately. Any efforts at greater coordination would have to surmount considerable barriers.