Implications of the Recent China-Russia Trade Agreement


Add to cart
Essay #: 064927
Total text length is 8,881 characters (approximately 6.1 pages).

Excerpts from the Paper

The beginning:
Implications of the Recent China-Russia Trade Agreement
Over the past several decades, China’s strength in low-cost manufacturing has allowed them to become an exporting superpower. China’s newfound economic strength has the potential to disrupt the mechanisms of international trade should they feel so inclined. Although Russia struggled in the 1990’s with its immediate embrace of a free market economy after the fall of communism, but the government has since adapted its strategy and returned government input into some key industries such as petroleum and natural gas. In November of this year, China and Russia signed thirteen separate agreements related to trade that is estimated to be worth over $8 billion. These agreements have the...
The end:
.....greement further threatens U.S.
Dollar.” 24 Nov 2010. International Business Times. 2 Dec
Scaliger, Charles. “Sino-Russian abandonment of the dollar.” 26
Nov 2010. The New American. 2 Dec 2010.
and Li,
. “China, Russia quit dollar.” 24 Nov
2010. Asia One Business. 2 Dec 2010.
Zhang, Xiang. “Went calls for more trade between China and
Russia.” 24 Nov 2010. Xinhua News Agency. 2 Dec 2010.