The Xi-Putin ‘No Limits’ Partnership Is Undercut by Frayed Economic Ties


Source: wsj.com wsj.com

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HEIHE, China—Years of investment in cities along the China-Russia border were intended to open the door to mutual prosperity and close partnership between the two global powers. The potholed streets, stray dogs and empty storefronts of Heihe, on the border in China’s far north, are more reminiscent of a declining U.S. Rust-Belt city. The city’s International Trade Center, a three-story shopping complex, was once popular with Russian shoppers looking for furs, leather coats and shoes. Now, stores covering only half the ground floor are open for business.