China Has a Junior Partner In Its Rivalry With the U.S.
A mini-robot carries the flags of Russia and China in the main hall during the St. Petersburg International Economic Forum in Russia in 2019.
Photographer: Chris J. Ratcliffe/BloombergThis week’s newsletter was written by Bloomberg Senior Editor Chris Anstey. Andrew Browne is on vacation.
The great contest under way between the U.S. and China has many differences from the Cold War of the last century. Close trade and supply-chain linkages between the two are the most obvious. But this week showcased a second major contrast—one that works to the great disadvantage of Washington.
President Xi Jinping, in a video call Wednesday with Russian counterpart Vladimir Putin, hailed Sino-Russian relations as even better than an alliance. It was their 37th meeting since 2013, according to Chinese state media’s count.