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Why the Russia-China Pipeline Dispute Is an Even Bigger Problem for the Kremlin than It Seems - William Spaniel
In May, Putin visited China in the hopes of reaching an agreement to build the Power of Siberia 2 pipeline. This would connect Russian gas fields to hungry Chinese consumers, giving the Kremlin a long-term economic lifeline. However, no deal came to pass. This video examines the underlying reason why it likely happened and why it spells further problems for Russia.
0:00 Russia and China Fail to Reach Agreement on Gas Pipeline
0:20 Why Russia Needs a Deal Done
2:16 Why China Is the Apparent Solution
4:11 Power of Siberia 2 Negotiations Details
5:19 Why a Failed Deal Is Weird
7:03 Informational Issues between the Parties