Key Insights
In July 2024, during the Astana SCO summit, Russian President Vladimir Putin and Chinese President Xi Jinping emphasized their strengthened anti-Western alliance, aiming to exert influence in Central Asia. (themoscowtimes.com)
The 2024 BRICS Summit in October, held in Kazan, Russia, marked a significant meeting between Xi and Putin, reaffirming their strategic partnership and discussing global development and security. (english.scio.gov.cn)
In August 2024, Chinese Premier Li Qiang and Russian Prime Minister Mikhail Mishustin co-chaired the 29th regular meeting between Chinese and Russian heads of government, focusing on enhancing bilateral cooperation. (english.scio.gov.cn)
AI Analysis
The deepening China-Russia strategic partnership is likely to continue, with both nations seeking to counterbalance Western influence. This alliance m...
Market Outlook
Short-Term
In the short term, the intensifying China-Russia alliance may lead to increased geopolitical tensions, potentially affecting global markets. Investors should monitor developments in Central Asia and the broader Eurasian region for potential market volatility.
Long-Term
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