Paul Coyer: Putin’s ephemeral gains with the Eurasian Economic Union
Russia's President Vladimir Putin and China's President Xi Jinping arrive for the Asia-Pacific Economic Cooperation (APEC) Summit banquet at the National Aquatics Center in the Chinese capital on Nov. 10.
Russia's competition with China for dominance in Central Asia has long appeared to be doomed due to the asymmetrical relationship between Russian and Chinese economic power. The already strong Chinese economic position in the region has grown even stronger recently with Beijing's announcement of large initiatives that are to pour billions of dollars of aid into the region, further tying it to China.