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Story summary
- President Trump's Eurasian strategy aimed to reduce Russia's reliance on China after the Ukraine conflict.
- His inability to gain concessions from Ukraine pushed Russia closer to China, highlighted by the Power of Siberia 2 gas pipeline deal.
- This deal could double Russian gas exports to China, challenging US energy dominance.
- Gazprom's "AAA" rating from CSCI Pengyuan may enable yuan-denominated bond issuance despite Western sanctions.
- The pipeline project presents strategic challenges for the US and may enhance China's energy security.
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