Lovely Weighs in on Russia’s Economic Reliance on China in Axios Article

February 28, 2022

Axios

Mary E. Lovely

Economics Department

China

Economic Policy

Russia

Trade

Axios

Mary E. Lovely

Western sanctions over Vladimir Putin's invasion of Ukraine will increase Russia's already significant economic reliance on China, but could potentially foster resentment in Russia over the increasingly lopsided relationship. China provides 70% of Russia's chip supply and it could help Russia evade the sanctions on sensitive technologies like chips, "but then the question becomes, what's in it for China," says Lovely. "China's in the driver's seat right now. It's the one that Russia needs, not the other way around," she says. Read more in the Axios article, "Western sanctions tie Russia even tighter to China."