The offer curves do not intersect

A fast rail link that China had said it would build to Beijing from Moscow is in doubt because China, which is an expert at such construction, is demanding that Russia pay for it. The nearly 500-mile first leg, between Moscow and Kazan, was scheduled to open before the 2018 World Cup in Russia. But work has yet to start, and it is unlikely to, Ms. Hill said. “The Russians won’t have the money to pay for it, and the Chinese are not going to do it for free,” she said.

The leaders of the two countries seem to have soured on their earlier friendship.  And here is my earlier post on the New Silk Road.


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