Drop-In: China and Russia – The limits of the “no limits” partnership

Russia and China declared a “no limits” partnership in 2022, but the constraints on their economic ties are increasingly obvious. In this special online briefing, our EM team will set out the main findings from their new analysis of the economic reality behind the relationship, explaining how it falls far short of the depths often implied by global commentary.

Join the team at 1000 ET / 1500 GMT on Thursday 4 December, to find out why trade and financial flows have struggled to deepen and what this tells us about the outlook for a fracturing global economy. During this 20-minute session, they will answer your questions as they address key issues, including:

• Why this year’s 10% drop in bilateral trade underscores the structural limits of the relationship;
• Why the renminbi isn’t making greater inroads in the Russian economic and financial systems;
• What the limits of this partnership reveal about China’s broader economic contest with the US.