Russia and China’s Positioning Within The Belt & Road, Shanghai Cooperation Organization & Eurasian Economic Union

Russia and China’s Positioning Within The Belt & Road, Shanghai Cooperation Organization & Eurasian Economic Union by Jeff Schubert

China’s attitude to Russia has fluctuated in an important way over the last few years. While Russia has consistently wanted a formal relationship between the Eurasian Economic Union (EAEU) and the Belt and Road Initiative (BRI) as the main plank in a Greater Eurasian partnership, China’s initial preference was to distance itself from the EAEU relationship in favour of an expanded economic role for the security orientated Shanghai Cooperation Organization (SCO). But Russia rejected this because it would have meant individual EAEU countries which are also SCO members – for example Kazakhstan — having a status equal to itself in a relationship with China.

China then became less interested in the SCO as a result of the 2015 decision – after much Russian pestering related to its Greater Eurasia concept – to admit India and Pakistan. China agreed to this because it wanted to focus its efforts on the BRI. The BRI’s initial successes, particularly the May 2017 “Forum” which was attended by a large number of world leaders, gave China a boost in confidence and it seemed to increasingly feel that it did not really need the SCO or the EAEU.

In fact, China began to feel that it did not need anyone, including Russia – although Russia’s powerful position in Central Asia (and the energy rich Caspian Sea) meant that there was a logical qualification to any excesses.

However, more recent less clear BRI successes, a general backlash against some of China’s policies (eg Xinjiang, South China Sea), and the increasingly aggressive approach of the US to China – tariffs, foreign investment, Huawei, talk of more missiles aimed at China from bases in the region – led China in mid-2019 to accept more of Russia’s ideas on the nature of a closer relationship.

Speaking at an early June 2019 meeting with Vladimir Putin, Xi Jinping said that he and Putin “agreed to continue our work on integrating the BRI with the EAEU. We will support each other in the BRI and the Greater Eurasia partnership”.

Continue Reading /Silk Road Briefing >>>


Sharing is caring!

The Daily Coin

Rory Hall, The Daily Coin and Gospel News Network. Beginning in 1987 Rory has written over 1,400 articles and produced more than 500 videos on topics ranging from the precious metals market, economic and monetary policies, preparedness as well as geopolitical events. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver, Gold Seek, SGTReport, and a great many more. Rory was a producer and daily contributor at SGTReport between 2012 and 2014. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Dr. Warren Coates and Peter Schiff, to name but a few. Don't forget to visit The Daily Coin and Gospel News Network to enjoy some of the best economic, precious metals, geopolitical and preparedness news from around the world.