Features and Areas of Investment Cooperation between Russia and China
https://doi.org/10.31432/1994-2443.2025.20
Abstract
This article aims to analyze the characteristics, challenges, and prospects of investment cooperation between the Russian Federation and the People’s Republic of China in the context of geopolitical instability and sanctions pressure. The study aims to identify structural imbalances and key barriers, as well as to develop specific measures to strengthen investment ties.
Methodology. The methodological basis of the study is based on theoretical analysis of scientific concepts of international investment cooperation, as well as a comparative and structural analysis of statistical data on the dynamics and sectoral structure of mutual investments.
Results. The analysis revealed significant asymmetries and structural problems in cooperation. Over 70 % of Chinese investment in Russia is concentrated in the raw materials sector (fuel and energy complex), while the volume of Russian investment in the Chinese economy remains minimal. A key barrier is the blocking of a significant portion of transactions by Chinese banks (up to 60 %) due to the risk of secondary sanctions, despite the transfer of 90 % of mutual settlements to national currencies. A roadmap for strengthening investment ties between Russia and China has been proposed.
Conclusions. The authors conclude that there is significant untapped potential for investment partnerships. Unleashing this potential requires systemic measures: diversifying Chinese investments into non-resource sectors (agricultural, high-tech, infrastructure), increasing Russian investment in China, developing alternative settlement mechanisms (integrating the SPFS and CIPS, digital currencies), and strengthening the institutional framework through the creation of joint funds and councils. Implementation of the proposed roadmap will ensure sustainable and balanced investment cooperation.
About the Authors
E. A. Melay
Financial University under the Government of the Russian Federation (Tula branch)
Russian Federation
Russian Federation
Elena A. Melay, Cand. Sci. (Eng.), Associate Professor
1A, Orezhnaya Street, Tula, 300012
O. A. Gulyaeva
Financial University under the Government of the Russian Federation (Tula branch)
Russian Federation
Russian Federation
Oksana A. Gulyaeva, Senior Lecturer
1A, Orezhnaya Street, Tula, 300012
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Review
For citations:
Melay E.A., Gulyaeva O.A. Features and Areas of Investment Cooperation between Russia and China. Information and Innovations. 2025;20(4):50-66. (In Russ.) https://doi.org/10.31432/1994-2443.2025.20
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