The history of Chinese–Russian relations’ development since 1990s

Eurasion Integration
Authors:
Abstract:

The article deals with the challenges that the Chinese-Russian relations have faced recently. Over the past 30 years, the partnership between China and Russia has continued to develop steadily and got stronger progressively under the joint governance and initiative of both states’ leaders. Therefore, the purpose of the article is to reveal and evaluate the current economic situation and the prospects for economic and trade relations between China and Russia by analyzing four economic stages. In order to achieve the goal, the following tasks have been set: - to discuss Chinese-Russian historical regional cooperation; - to compare the four stages of cooperation history; - to analyze the present situation, the problems and obstacles that arose and their solutions. The relevance of the topic is connected with the Sino-Russian economic and trade cooperation development, which is gaining peace nowadays. The author discusses both the history of Sino-Russian relations’ development and the problems that have appeared since 1992. The conclusion has been drawn that the trade relationship with Russian companies is to be promoted steadily and progressively. However, the foreign trade companies of China should not only cooperate with Russian foreign enterprises in order to strengthen the concept of cooperation, but also improve the image of Russian business in China. Furthermore, it is important to strengthen the awareness of both quality and law. The states should pay greater attention to the process of the in-depth implementation of the Asian-Pacific Economic development strategy.