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Russia's wartime economic relationship with China is critical, but an 'embarrassing reversal': think tank

Summary by Business Insider
Russia's President Vladimir Putin and China's leader Xi Jinping.Alexander Kazakov/Pool/AFP/Getty ImagesSanctions have forced Russia to lean heavily on China to keep its economy afloat.China ships high-tech goods to Russia and buys its oil cheap — a combo that boosts Beijing's leverage.Russia's role has shrunk to junior partner as China gains economic influence.Moscow's wartime pivot to Beijing has helped keep Russia's economy afloat under the we…

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Business Insider broke the news in United States on Wednesday, December 17, 2025.
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