Russia looks to China for hi-tech collaboration
Tuesday, January 12, 2016
Subject
Russian interest in Chinese financial and manufacturing support.
Significance
Russia could compensate for declining economic relations with the West by turning more to China. Combining Russian science and technology with Chinese money and industrial capacity would create a formidable partnership. However, despite numerous bilateral agreements, cooperation remains limited.
Impacts
- Western embargoes on technology exports will inadvertently push Russia and China closer together.
- China will not be able to provide all the technologies covered by sanctions on Russia.
- Long-held mutual suspicions in Beijing and Moscow will limit high-tech cooperation.