China and Russia forge closer ties

Trade links between China and Russia are set to increase in tandem with greater cross-border M&A activity.

ItÆs no secret that China needs energy and natural resources to sustain its industrialisation and urbanisation path, nor that it has to look for them abroad. For security reasons it makes sense for the country to diversify its sources, and there is plenty of evidence that it has been actively doing so for several years by forging ties in Africa, Asia, Latin America and Europe.

But more than that, China is looking for non-traditional export markets, as it moves up...

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