JRL NEWSWATCH: “‘Serious’ rivalry still drives China-Russia relations despite improving ties” – CNBC/Nyshka Chandran

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“The strategic partnership between China and Russia, long marred by mutual suspicion, has risen to new heights with recent news of joint projects of more than $100 billion and large-scale army drills. But such cooperation belies the rivalry that defines the relationship between Chinese President Xi Jinping and … Putin …. Beijing’s economic and commercial activities in Moscow’s backyard – Central Asia, the Russian Far East and the Arctic – have long been a threat to Putin. But his government has been unable to compete due to its own economic problems at home and in 2014, Moscow accelerated its pivot towards Beijing after coming under western sanctions over its annexation of Crimea. …”

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