Between Western Hegemony & Eurasian Multipolarity
I was invited on Reinvent Money to discuss why NATO and Russia have been on a path to war for the past 30 years, and why an emerging multipolar Eurasia will offer more stability.
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Russia is a far less significant trade partner for China than China is for Russia. Russia’s share of China’s total trade turnover between January and October 2023 was just 3.9 percent. Russian goods only made up 5.1 percent of China’s imports, while Russia was the destination for just 3.3 percent of Chinese exports. The western world are far more important trade partners for China than Russia.
https://carnegieendowment.org/russia-eurasia/politika/2024/05/china-russia-yuan?lang=en