China’s Russia dilemma
Balancing the relationship between Russia and the West is becoming increasingly difficult for Beijing. What will be the outcome?
The Chinese leadership is at a crossroads. China’s exports to Russia have doubled over the past three years. This is a positive development for the Chinese manufacturing sector at a time, where thousands of producers have collapsed due to weak domestic demand. But it may come at a steep price for China’s broader economic development. Russia is a pariah in the Western world, and trade sanctions could soon extend to companies from countries that maintain a close relationship with the Putin regime.
In this webinar, we examine China’s options. Beyond trade and business, the relationship with Russia is also an important element in Xi Jinping’s efforts to position China as a global superpower. Do the political gains from opposing U.S. hegemony by teaming up with Russia justify short-term economic pains? Or could it risk jeopardizing the progress made by China over the past decades?
Organizer: DI Sense China
Note: Timing is 9:30-10:30 Danish time
Speakers
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Casper Wichmann, Asia+China Correspondent for TV2 Denmark
Based in Beijing, Casper reports on current affairs involving China’s domestic politics and foreign relations. Casper has a long background as China observer, and he is the co-founder of the Sinolytica newsletter and the podcast Kina-nørderne
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Junhua Zhang, Senior Associate at European Institute for Asian Studies
Dr. Zhang is an expert on China’s role as a disruptor of the established global order. He is a frequent media commentator on topics concerning Beijing’s relationship with Moscow, and China’s broader geopolitical situation.
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Peter Bay Kirkegaard, Leading Senior Advisor at DI - Danish Industry
Peter is DI’s main expert on international trade policy. He offers advice to Danish companies on how geopolitical developments affect their operations. Peter also guides companies on how to comply with EU and US sanctions on Russia.
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