Russian Economy: Why Moscow Fails to Sign Agreement with Beijing on Power of Siberia 2 Pipeline (legrandcontinent.eu)

• Power of Siberia 2 talks have been ongoing for years without resolution.
• China is demanding substantial price reductions on Russian gas.
• Russia's geopolitical isolation weakens its bargaining power.

"The Power of Siberia 2 gas pipeline project, launched before the Ukraine war, remains stalled as China pushes for major price concessions from the Kremlin. The article examines the geopolitical and economic reasons behind the failed negotiations."