Review article
https://doi.org/10.37458/nstf.23.3.1
How the war in Ukraine affects Russian economy and Sino-Russian relations
Valeri Modebadze
Abstract
The aim of this research was to find out if the war in Ukraine affects the Russian society and Sino-Russian relations and if Beijing is capable of saving the Russian economy from destruction. With regards to research methods, a document analysis method was used to obtain valid information about the socio-economic consequences of the war. A wide range of documents and scholarly articles were analyzed in order to obtain reliable and objective information. The research revealed that the war has devastating effect on Russia’s economy and could cause aggravation of socio-economic problems in the future. Russia could become an isolated and impoverished country. The war has also negative effect on Sino-Russian relations. Despite having close ties with Russia, Beijing refuses to support Russia during these difficult times and does not offer financial, economic and military assistance to Kremlin. Indeed, China’s ability to save Russia from economic disaster is limited.
Keywords
War in Ukraine, sanctions, economic isolation, Sino-Russian relations
Hrčak ID:
290637
URI
Publication date:
2.11.2022.
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