With China-Russia trade leaping many-fold since Russia’s invasion of Ukraine, both sides have forged stronger cross-border transport and freight links, says US academic Chen Xiangming. However, this comes with challenges, due to Russia’s historical orientation toward Europe and severely underdeveloped Far Eastern regional and local economies.
Economy
Chinese President Xi Jinping convening an in-person summit with Central Asian country leaders in Xi'an, Shaanxi province this week is a timely reminder that trade continues to bind regions of the world, as new Silk Roads form out of the merging and melding of ancient and new routes in China’s BRI. US academic Chen Xiangming examines the issue.