China's Increased Leverage Signals a Major Shift in the Strategic Relationship Between Xi Jinping and Vladimir Putin
Years of conflict and economic isolation have revealed a significant power shift in the alliance between China and Russia. Once viewed as equals, the relationship now shows Russia, under Vladimir Putin, increasingly relying on Beijing's economic support. Chinese officials are using this leverage to dictate terms to Moscow. The strain became apparent during negotiations concerning the Power of Siberia 2 gas pipeline. Sources noted that Chinese representatives insisted Russia sell gas at prices comparable to its subsidized domestic rate, effectively forcing Moscow to absorb financial losses to secure the deal. Economically, the imbalance is stark. China now accounts for nearly 40% of Russia’s foreign trade, a massive increase from just 10% in 2013. Meanwhile, Russia's contribution to China's global trade is less than 4%. Experts suggest that the primary driver for this asymmetrical dependence is Western sanctions. These dynamics force Russia to seek Chinese approval on major strategic projects. While the alliance remains tied by a shared opposition to Western influence, the current structure suggests that China, guided by Xi Jinping, holds the superior negotiating position, solidifying a pattern where Moscow is becoming a junior partner.
Sources
- WSJ: The leader Xi Jinping once called his ‘role model’ is now Beijing’s supplicant, and China is making Putin wait for the gas deal Moscow badly needs — Meduza
- How China Is Already Preparing for a Post-Putin Russia — UNITED24 Media
- China pushes Russia to accept cheaper gas deal, exposing growing dependence — Межа. Новини України.