Russia Turns to China to Avert Recession

Russia Turns to China to Avert Recession

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses 38 agreements between China and Russia, covering sectors like energy, banking, and technology. A key highlight is the plan to build a high-speed rail link between Moscow and Kazan, showcasing China's technology export. Amid sanctions over Ukraine, Russia pivots towards China to avoid recession, while China gains access to Russian resources. Significant energy deals include Gazprom's $400 billion contract for natural gas supply. Financial agreements aim to double trade, with a focus on Yuan-Ruble swaps and diversifying funding sources away from the dollar.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Russia face that may influence its pivot towards China?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways are Russia and China aiming to increase their trade volume in the coming years?

Evaluate responses using AI:

OFF