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Putin (l) in Beijing with Chinese leader Xi Jinping. Russia’s Asia pivot is slowly running out of steam. (Photo: kremlin.ru)

Crude World

Mr. Putin goes to China

Last weekend, Russian president Vladimir Putin paid a high-level visit to China. Following the meeting, news emerged that Russian and Chinese companies inked more than 30 cooperation accords in the areas of energy, finance, trade, media and sports.

From a PR point of view this is good news for the Kremlin, which is keen to show to the world that it still has powerful friends despite having been shunned by the West.

However, as is more often the case when Russian-Chinese cooperat...

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