Russia exported 24% more oil to China in 2023 than in the previous year. And the Sila Sibiri pipeline is also operating at full capacity. But Beijing’s rush into renewable energy production and the electric car market says that its goals are divergent from Moscow’s. And that the current boom – vital for Russian finances – cannot last long.
Moscow (AsiaNews) – Russia has reversed the export of extractive fuels from the West to the East, but the main buyer, China, is moving fast in the direction of cleaner energy sources, with a big prospect of green change in the coming decades. And this certainly does not help the Kremlin’s plans….