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Chinese and Russian leaders however, have worked hard to ameliorate the
potentials of their conflicting national interests from turning into bilateral
conflict. The relationship is therefore of great long-term strategic importance
to both countries. By 2009, both states have solved their territorial disputes
with Russia ceding 170square km of land to China. Vladimir Putin has
continued to refer to China as Russias strategic partner. The country has
also pledged to deepen relations in space, defense and other technological
industries. Cross-cultural exchanges are introduced to help deepen the
relationship and mutual understanding between Russians and Chinese and to
help ameliorate any potential suspicions present. Examples include the years
of Russia and China held in 2006 and 2007 respectively, endorsed by the
leaders from both sides. Given the world financial crisis, which began
towards the end of 2008, Sino-Russian leaders have been urging that their
countries be drawn closer to fight the economic downturn.
In conclusion, despite the existence of certain strong underlying tensions,
relations between China and Russia are close for they share many similar
strategic as well as economic interests. Sino-Russian relations will remain
strong as long as global geopolitical alignment and economic
interdependency continue to bind the interests of both countries.
Friendship with Russia would guarantee Beijing the much needed supplies of
energy and natural resources that could fuel Chinas economic growth,
reducing its strategic vulnerabilities vis--vis the developed western powers.
Military hardware and other technologically advanced imports from Russia
are economically and strategically crucial to China.
Strong economic ties with China could also strengthen Russias strategic
position as it is no longer solely dependent on the west for its trade revenue.
However, Sino-Russian ties based on economic goals should not be overrated
as bilateral trade volume remained low, unstable and imbalanced.
Geographical proximity and political similarities are strong fundamental that
bind China and Russia together strategically.
China and Russia also share similar strategic vision as they strive to maintain
their respective security and interests in the region against American
presence and threats from Islamic terrorism.
Having identical strategic concerns, both countries have voiced support for
each others agenda on issues of global concerns.
The statement in question is valid to a certain extent as strategic and
economic goals in Sino-Russian relationship are often intertwined and
indivisible. For instance, close relations with Russia would guarantee energy
supplies for China, hence ensuring both economic sustainability and strategic
security. From Moscows perspective, strong economic and political ties with
Beijing can lend strength to its resistance against perceived western
hostilities. On closer examination, economic goals are sometimes
overshadowed by Sino-Russian strategic vision as bilateral trade volume
though increasing, is relatively low and unbalanced.