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Russian economy

The 20th St. Petersburg International Economic Forum, also known as SPIEF, got underway recently in Russia. Gathered together are chief executives of major Russian and international companies, heads of state, and political leaders. Since 2014, the forum discussions have been dominated by the economic sanctions imposed on Russia by Western countries – but this year, the forum is expecting some changes. Could the sanctions be removed? What will drive the Russian economic recovery, and how might geopolitics play a role? What is the potential for trade between China and Russia? We spoke with Sergey Sanakoev of the Russian-Chinese Analytical Center, and Mike Bastin of Beijing’s University of International Business & Economics.

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