hullo Denter,
http://www.nytimes.com/2014/05/21/world/asia/china-russia.html?hp
the Chinese aren't really that easy to do business with - they know they have the cards and they really hold your feet to the fire, something US corporations have learned.
Putin is now learning this also.
no deal thus far.
with China expanding its reach in the South China Sea and pushing onward with its deep sea drilling coupled with its relatively robust economy, they can wait...but Russia can't. like someone else noted, without the money from fossil fuel exports, they'll swirl down the toilet in a big hurry.
Putin, on the other hand, doesn't want to squander all this political capital he has amassed via the annexation of Crimea by taking it up the arse from China.
i'm curious to see how this all plays out.
- IGIT