China plays hard to get with Russia

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Moscow turned to its powerful Asian neighbor last year after being hit with sanctions by the West. But the plan for a deeper economic relationship is not working out.

China’s slowdown is making it harder for Beijing to deliver on promises it made to Moscow, and Chinese investors are spooked by Russia’s deep economic crisis.
Vladimir Putin is now hoping to give the relationship a second chance. The Russian president is in China this week, accompanied by an entourage of senior officials and business leaders.

 

Read more: http://money.cnn.com/2015/09/02/news/economy/china-russia-trade/?sr=cnnifb

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