06 June 2015

Editorial: Eurasian Silk Road Union - Towards a Russia-China Consensus?

By Alexander Gabuev

The recent summit has gone a long way to confirming the Russia-China rapprochement.

More than a year after the annexation of Crimea triggered a major rupture in the relationship between the West and Russia, Moscow’s attempts to build new partnerships in Asia are no longer surprising. Since the announcement of a $400 billion gas deal with China in May 2014, the Kremlin has tried to portray an emerging partnership with the world’s number two global economic powerhouse as an antidote to Western sanctions.

Grand summits between Russian President Vladimir Putin and Chinese President Xi Jinping, with dozens of agreements and triumphant declarations, have been met with skepticism in Western capitals. Russia-China rapprochement is frequently brushed off as spin doctoring, which both an isolated Russian regime and an assertive Chinese party-state try to sell for domestic consumption. It is widely believed that the two countries remain deeply suspicious of each other, and internal rifts will prevent them from forming a meaningful partnership.

One of the realms where Moscow and Beijing are strategic competitors is Central Asia. China’s economic and political clout in this resource-rich region is growing, sometimes at Russia’s expense. Many see China’s “Silk Road Economic Belt” initiative, first unveiled by Xi on a 2013 trip to Kazakhstan, as an attempt to drive Russia out of the region, where Moscow is trying to promote its own integration project, the Eurasian Economic Union (EEU). It’s widely believed that it’s just a matter of time before clashes occur between the two integration projects.

Read the full story at The Diplomat