Wagner mutiny: Chinese investors go cautious with Russia, experts question Beijing’s stance on Kremlin

News Snapshot:

Chinese exporters are concerned about their reliance on Russia as political instability continues to unfold in the country, following a short-lived rebellion by Wagner troops. After reports of the mutiny, several businessmen in southern China rushed to halt shipments of goods destined for Russia. While the crisis has subsided, some exporters remain cautious about their future dependence on Russia. The partnership between China and Russia, established shortly before Russia's invasion of Ukraine, has come under scrutiny as some analysts question the need for Beijing to reassess its political and economic ties with Moscow, Reuters reported. The recent events have cast...