"Mr. Putin has enjoyed basking in the stature of Mr. Xi, who leads one of the world’s largest economies. But with the recent stock market turmoil in China and the slowest economic growth in a quarter-century, Beijing will be unable to provide the ballast that Mr. Putin has sought against economic sanctions imposed on Russia by Europe and the United States after its annexation of Crimea, not to mention plummeting oil prices worldwide."
Friday, September 4, 2015
The Cooling of the China-Russia Courtship
Friendship Between Putin and Xi Becomes Strained as Economies Falter from the New York Times
"Mr. Putin has enjoyed basking in the stature of Mr. Xi, who leads one of the world’s largest economies. But with the recent stock market turmoil in China and the slowest economic growth in a quarter-century, Beijing will be unable to provide the ballast that Mr. Putin has sought against economic sanctions imposed on Russia by Europe and the United States after its annexation of Crimea, not to mention plummeting oil prices worldwide."
"Mr. Putin has enjoyed basking in the stature of Mr. Xi, who leads one of the world’s largest economies. But with the recent stock market turmoil in China and the slowest economic growth in a quarter-century, Beijing will be unable to provide the ballast that Mr. Putin has sought against economic sanctions imposed on Russia by Europe and the United States after its annexation of Crimea, not to mention plummeting oil prices worldwide."
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