Vladimir Putin was given a red carpet welcome by Chinese premier Wen Jiabao in October (photo:dpa)

Economics: China places another piece in the Russian puzzle

Trade between Russia and China is booming. China is investing heavily in Russia and relations are on a high since Vladimir Putin took the reins of power. But the Chinese are also playing tough as they continue to colonise Russia's Far East. GIS expert Professor Stefan Hedlund looks at the puzzle in this briefing.

RELATIONS between Russia and China are better than they have been for a long time.

China passed Germany as Russia’s biggest trade partner in 2010 following years of steady increase. And to top it all was the rapid rise in Sino-Russian trade which will reach a turnover of US$200billion in 2020.

This was reporte...

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Professor Stefan Hedlund
China is already a bigger investor in the region than the Russian government. It is increasingly using both cash and credit to acquire equity stakes
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