(Edgemarkets) Chinese Premier Li Keqiang kicked off a three-day visit to Moscow on Monday, where he hopes to counter the effects of the US trade war with agriculture deals.
But analysts warned he might find Russia wanting more economically from its neighbour in the face of ongoing Western sanctions.
While Li’s visit was mainly economic, the two prime ministers would continue the tone set by Xi and Putin, according to Arkady Moshes, director of the European Union’s eastern neighbourhood and Russia research programme at the Finnish Institute of International Affairs in Helsinki.
“You can sense a certain frustration in Russia … five years ago people expected more,” Moshes said, adding that Russia had hoped to see more loans and investment from Beijing during its years of economic difficulties.
“Political solidarity is there, but Russia clearly wanted to receive more money, and probably more technology from China. That hasn’t happened, and it is probably not going to happen soon.
Read More © Theedgemarkets.com