Russia Turns to China to Avert Recession

The video discusses 38 agreements between China and Russia, covering sectors like energy, banking, and technology. A key highlight is the plan to build a high-speed rail link between Moscow and Kazan, showcasing China's technology export. Amid sanctions over Ukraine, Russia pivots towards China to avoid recession, while China gains access to Russian resources. Significant energy deals include Gazprom's $400 billion contract for natural gas supply. Financial agreements aim to double trade, with a focus on Yuan-Ruble swaps and diversifying funding sources away from the dollar.

What is the significance of the high-speed rail link between Moscow and Kazan?

• It represents China's technological export to Russia.

• It is a part of Russia's pivot to the United States.

• It is a domestic project within Russia.

• It is a project funded by the European Union.

Why is Russia increasingly turning to China for economic partnerships?

• To avoid recession amid Western sanctions.

• To strengthen ties with the European Union.

• To expand its influence in South America.

• To reduce dependency on Middle Eastern oil.

What is the value of Gazprom's contract to supply natural gas to China?

• $50 billion

• $400 billion

• $200 billion

• $100 billion

What is the purpose of the Yuan-Ruble swap deal between China and Russia?

• To build a new oil pipeline.

• To increase military cooperation.

• To establish a joint space program.

• To double trade over the next half-decade.

By what year do China and Russia predict their trade will double to $200 billion?

• 2025

• 2020

• 2015

• 2030