By Zachary Keck
Russia is playing all sides as it expands ties with both China and many of the countries along its periphery, including Japan, North Korea, South Korea, Vietnam and India. The moves appear to be aimed at giving Russia the ability to hedge against Chinese influence.
The Diplomat has closely followed the growing ties between Russia and China over the past year or so. This most recent example of this expansion of ties was Russian Prime Minister Dmitry Medvedev’s trip to Beijing last month to meet with Chinese Premier Li Keqiang as part of an annual meeting between the two heads of state.
The most important outcomes of the meeting centered on energy cooperation, a growth area for the bilateral relationship as of late. Specifically, Medvedev said that Russia’s state oil company Rosneft would supply an additional 10 million tons of crude oil to China over the next 10 years. According to Xinhua, China purchased 24.33 million tons of crude from Moscow in 2012. The two countries also agreed to jointly build an oil refinery in China and continue nuclear cooperation.
According to China’s Foreign Ministry, Medvedev said the following at the meeting: “Russia-China relations are comprehensive strategic cooperative partnership both in name and in fact. Russia is ready to further expand the scale of trade and investment with China.”
Read the full story at The Diplomat