What really holds China and Russia together
Summary
China and Russia have a close but uneven relationship, with China holding more economic power. Russia relies heavily on China for trade and technology, especially due to Western sanctions, but it wants to keep an equal partnership rather than being dominated.Key Facts
- Chinese President Xi Jinping and Russian President Vladimir Putin have been in power for a combined 39 years and describe each other as close friends.
- Putin is visiting Beijing to mark the 25th anniversary of a treaty of good relations between the two countries.
- China is Russia’s largest trading partner, while Russia accounts for only 4% of China’s trade.
- Western sanctions have pushed Russia to deepen trade ties with China, especially in technology and telecommunications.
- Huawei, a Chinese tech company, plays a major role in Russia’s telecommunications sector after Western companies left.
- Russia imports over 90% of its sanctioned technology items from China, increasing its dependence.
- Russian officials emphasize they want to maintain equality and not become subordinate to China.
- China’s economy is much larger than Russia’s, allowing China to set the terms in their deals.
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