Russia’s economy has little to offer China, and their growth in trade is more modest than it appears, analyst says


Source: ca.finance.yahoo.com ca.finance.yahoo.com

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Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping at the Kremlin on March 21. Sputnik/Sergei Karpukhin/Pool via Reuters Russia's economy has little to offer China, and their growth in trade is more modest than it appears. That's according to Agathe Demarais, global forecasting director at the Economist Intelligence Unit. "Russia's much-vaunted pivot toward China, in other words, is probably not as successful as Putin and Xi claim." Despite talk of a "no limits" partnership between Moscow and Beijing, China is reluctant to increase trade with Russia, according to Agathe Demarais, global forecasting director at the Economist Intelligence...