Subject category:
Economics, Politics and Business Environment
Published by:
Harvard Business Publishing
Version: 30 March 2015
Revision date: 17-May-2019
Length: 30 pages
Data source: Field research
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Abstract
The United States could enhance or threaten China's energy security but China was unsure of the US intentions. China and the United States were both friends and potential foes. In the meantime, Russia's own ambivalent relationship with the United States and its Western allies worsened. In this context, China and Russia grew closer. Bilateral ties in the energy trade quickly improved: Russian oil exports expanded, while disagreements on the terms of natural gas supplies were resolved. The case describes the impact of the interplay of great power politics, domestic political considerations, and economic factors on the efforts of the Chinese and Russian energy companies to expand business ties.
Locations:
Other setting(s):
2009-2015
About
Abstract
The United States could enhance or threaten China's energy security but China was unsure of the US intentions. China and the United States were both friends and potential foes. In the meantime, Russia's own ambivalent relationship with the United States and its Western allies worsened. In this context, China and Russia grew closer. Bilateral ties in the energy trade quickly improved: Russian oil exports expanded, while disagreements on the terms of natural gas supplies were resolved. The case describes the impact of the interplay of great power politics, domestic political considerations, and economic factors on the efforts of the Chinese and Russian energy companies to expand business ties.
Settings
Locations:
Other setting(s):
2009-2015