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

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.