Geo-Economic Priorities and New Emphasis in the Partnership between China and Russia in Changing World Order

Authors

DOI:

https://doi.org/10.17059/ekon.reg.2025-3-2

Keywords:

world order, concept of world order, international system, Russian-Chinese geo-economic cooperation, new Russian-Chinese partnership, new globalization

Abstract

The constant overlap of traditional and non-traditional security risks has turned the volatility of the world order into an urgent international concern. How do China and Russia perceive and respond to this challenge? This article synthesizes key concepts and historical experiences, clarifies the framework for studying the world order, and examines the geo-economic priorities of China and Russia alongside the emerging focus of their partnership in the evolving global context. We argue that the hegemonic practices of the United States and the West, shaped by a conflict-oriented vision of the world order, have driven the regionalization of the world economy and increased the significance of geo-economic cooperation. In response, China and Russia are actively adjusting their geo-economic priorities. In the long term, cooperation between the two countries is likely to flourish, built on a solid foundation of shared vision, favourable timing, geographic advantages, and dedicated partners. These factors extend beyond mere technicalities of finance and transportation, playing a decisive role in sustaining long-term collaboration. The two states should work to fully leverage the potential of their geo-economic partnership and its global demonstration effect to promote the globalization of regional economies through multilateral cooperation, enhance the international system, and contribute to the establishment of a multipolar world order that is equitable, stable, just, and reasonable.

Author Biographies

Poling Xu , University of the Chinese Academy of Social Sciences

Dr. Sci. (Econ.), Professor, University of the Chinese Academy of Social Sciences; Chief Research Associate, Head of the Russian Economy Department, Institute of Russian, Eastern European and Central Asian Studies, Chinese Academy of Social Sciences; https://orcid.org/0009-0005-1186-3973  (11, Changyu St., Beijing, 102445, People’s Republic of China; 3, Zhang Zizhong St., Beijing, 100007, People’s Republic of China; e-mail: xupoling@163.com).

Haiwen Zhao , University of the Chinese Academy of Social Sciences

PhD student; https://orcid.org/0009-0006-4892-5776  (11, Changyu St., Beijing, 102445, People’s Republic of China; e-mail: zhaohaiwen925@163.com).

References

Acharya, A. (2014). The end of American world order. Polity Press. 158.

Baburina, O. N. (2010). The new international economic order and the new world economic order: the relationship between concepts and stages of transformation. Vestnik Rossiiskoi ekonomicheskoi akademii im. G.V. Plekhanova [Bulletin of the Plekhanov Russian University of Economics], (5(35)), 120–126. (In Russ.)

Baburina, O. N. (2012). The National Interests of the United States in Organizing the Global Economic Order. Natsional’nye interesy: prioritety i bezopasnost’ [National interests: priorities and security], 8 (5(146)), 56–64. (In Russ.)

Bogaturov, A. D., & Lebedeva, O. V. (2023). The evolution of the world order and Russia’s ideas about the outside world. Mezhdunarodnaya zhizn’ [The international affairs], (9), 24–31. (In Russ.)

Fairbank, J. K. (Ed.) (1968). The Chinese world order: traditional China’s foreign relations. Cambridge, Massachusetts: Harvard University Press, 416.

Gao, Q. (2015). Quanqiu gong zhi: zhongxifang shijiezhixu guan de chayi jiqi tiaohe [Global Co-Governance: Differences between Chinese and Western Views of World Order and Their Reconciliation]. Shijie jingji yu zhengzhi [World Economy and Politics], (4), 67–87. (In Chinese)

Grinin, L. E. (2023). Destabilization and World Order: Some Issues of the Theory. Istoriya i sovremennost’ [History and modernity], (4(50)), 3-–31. https://doi.org/10.30884/iis/2023.04.01 (In Russ.)

Huntington, S. P. (1996). The Clash of Civilizations and the Remaking of World Order. New York: Simon & Schuster, 368.

Keohane, R. O, & Nye, J. S(1977). Power and Interdependence: World politics in Transition. Boston, Toronto:Little, Brown, 273.

Kissinger, H. (2014). World order. New York: Penguin, 432.

Kortunov, A. (2019). Between Polycentrism and Bipolarity On Russia’s World Order Evolution Narratives. Russia in Global Affairs, 17 (1), 10–51.

Krauthammer, C. (2002). The Unipolar Moment Revisited. The National Interest, (70(3)), 5–18.

Lin, L. (2014). Ruhe renshi guoji zhixu (tixi) jiqi zhuanxing? [How to understand the international order (system) and its transformation?]. Xiandai guoji guanxi [Modern International Relations], (7), 42–43. (In Chinese)

Mearsheimer, J. (1990). Back to the Future: Instability in Europe After the Cold War. International Security, 15(1), 5–56.

Nefedov, B. I. (2021). The Concept of «World Order»: Theories and Reality. Sravnitel’naya politika [Comparative Politics Russia], 12 (3), 21–32. (In Russ.)

Ren, L., & Peng, B. (2022). Quanqiu fazhan changyi: quanqiu fazhan gonggong chanpin gongxu zai pingheng de zhongguo fangan [Global Development Initiative: China’s Solution for Rebalancing the Supply and Demand of Global Development Public Goods.]. Ladingmeizhou yanjiu [Latin American Studies], (6), 52–67. (In Chinese)

Shirov, A. A., Porfirev, B. N., Gusev, M. S., & Kolpakov, A. Y. (2024). Russia under the conditions of global economy regionalization. Mirovaya ekonomika i mezhdunarodnye otnosheniya [World economy and international relations], 68 (11), 72–83. https://doi.org/10.20542/0131–2227-2024-68-11-72-83 (In Russ.)

Song, W. (2021). Guoji guanxi zhong de xiuzhengzhuyi: xingwei yu guojia [Revisionism in International Relations: Behavior and the State]. Jiaoxue yu yanjiu [Teaching and Research], (3), 37–47. (In Chinese)

Spartak, A. N. (2022). Transition to the New World Economic Order: Essential Stages, Basic Features, Challenges and Policies for Russia. Rossiiskii vneshneekonomicheskii vestnik [Russian Foreign Economic Journal], (7), 7–29. https://doi.org/10.24412/2072–8042-2022-7-7-29 (In Russ.)

Wallerstein, I. (1974). The Modern World-System. Capitalist Agriculture and the Origins of the European World — Economy in the Sixteenth Century. New York: Academic Press, 410.

Waltz, K. (1964). The Stability of a Bipolar World. Population, Prediction, Conflict, Existentialism, 93 (3), 881–909. http://www.jstor.org/stable/20026863 (Date of access: 11.01.2025)

Xu, P. (2024). Jinzhuan guojia ruhe jianli «jingji jiti fangyujizhi» [How can the BRICS countries establish an “economic collective defense mechanism”?]. Guancha. https://www.guancha.cn/XuPoLing/2024_10_24_752911.shtml (Date of access: 11.01.2025). (In Chinese)

Yan, X. (2016). Wuxu tixi zhong de guoji zhixu [International Order in a Disordered System]. Guoji zhengzhi kexue [Quarterly Journal of International Politics], 1 (1), 1–32. (In Chinese)

Zhang, Y., & Feng, W. (2023). Lun quanqiu anquan zhili zhixu de zhengzhi zhexue jichu: gongzheng heli [On the Political Philosophical Basis of Global Security Governance Order: Fairness and Rationality]. Guojia anquan yanjiu [National Security Studies], (4), 5–33. (In Chinese)

Zhao, T. (2016). Tianxia de dangdai xing: shijiezhixu de shijian yu xiangxiang [A possible World of All-under-the-heaven System: the world order in the past and for the future]. Beijing: Zhongxin chubanshe [Beijing: Zhongxin publisher], 296. (In Chinese)

Published

04.09.2025

How to Cite

Xu П., & Zhao Х. (2025). Geo-Economic Priorities and New Emphasis in the Partnership between China and Russia in Changing World Order. Economy of Regions, 21(3), 599–609. https://doi.org/10.17059/ekon.reg.2025-3-2

Issue

Section

Geoeconomics And Geopolitics