2009年10月14日 星期三

China and Russia cement economic and diplomatic ties (transcript from Deutsche Welle 14/10/2009)

'Russia and China have realigned their trade and diplomatic ties, and Vladimir Putin's visit to Beijing shows that, despite lingering doubts and distrust, the two sides have more to gain than lose from mutual cooperation'
This is a very good piece of article which gives us a comprehensive analysis about the relationship between two nations. I fully agreed with the writer that Russia and China still have a lot of differences from the point of secessionism (disputes in the 1960's on the skirmishes along the border), religious extremism etc.
However, due to GFC (global financial crisis), Russia is being hard hit and suffering from the recession as China represents 10% of her annual trade which makes the decifit growing bigger and bigger!
As a result, in order to tackle the financial problem in the very near future, Russia has to work hard and inclined towards China.
On the other hand, China knows well that their secret weapon is "Money", so they will try to utilize their economic power as to extend her influence to the entire world, besides China is the 2nd largest resources consuming nation in the world which forced her to hunt for natural resources whatever it takes!
To summarize my views; China is very aggressive/ambitious to dominate the world into 21st century and we must not despise upon China's capability/adequateness in the long run.

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