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Story perspectives

Russia's Far East: Stalled Belt and Road Ambitions

10/27/2025

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Story summary
  • The Belt and Road Initiative aimed to develop the Russian Far East into a cross-border hub.
  • A decade later, the region remains underdeveloped, with Chinese FDI under 2% of total.
  • Russia's desire for control and high transport costs hinder progress.
  • China has shown Arctic interest in the region.
  • Moscow could streamline governance and transport links to attract investment in renewables and tourism.