China, Russia Seeks linking Belt and Road with Eurasian UnionPosted: July 3, 2017
SCMP says in its report “Beijing’s new Silk Road may extend to Moscow-led Eurasian union” yesterday, “China and Russia are working to connect their flagship economic diplomacy projects, a move that could potentially reduce tensions between Beijing and Moscow as they jostle for regional influence.”
China and Russia are now close allies in countering the US, but due to conflict of interests linking China’s One Belt, One Road with Russia-led Eurasian Union is difficult as Russia is afraid that China’s establishment of Silk Road economic belt in Central Asia might draw Central Asia that Russia regards as its backyard away from Russia.
That is why though China and Russian issued a joint statement on linking the two economic strategies in 2015, there has been no progress in that respect.
Now, China’s Ministry of Commerce said ahead of Chinese President Xi Jinping’s Russia visit, that the two countries would sign an agreement for a study on the feasibility of linking the two.
This blogger believes that no matter whether the study will find the linking feasible, relations between China and Russia will become closer as the strategy illiterate US is screwing up its pressure on both countries. Anyway, the alliance between the two traditional enemies would have been very difficult in the first place if Obama had not facilitated it with his pivot-to-Asia folly.
Comment by Chan Kai Yee on SCMP’s article, full text of which can be viewed at http://www.scmp.com/news/china/diplomacy-defence/article/2100968/beijings-new-silk-road-may-extend-moscow-led-eurasian.