Russia and China Conduct Joint Naval Exercises

Russian and Chinese naval warships recently executed anti-submarine missions in the northwestern Pacific, highlighting their enhanced maritime collaboration amid ongoing geopolitical tensions. Meanwhile, despite claims of resilience, the Russian economy faces significant long-term challenges due to the impacts of Western sanctions and prioritization of military spending, with employment levels remaining high largely due to war-related dynamics. In the Black Sea, Russia has suffered a strategic defeat, limiting its naval power and leading to closer cooperation with China, which positions Moscow as a subordinate in maritime matters. Additionally, the Kamchia health resort in Bulgaria, owned by Moscow City Hall, exemplifies Russia's soft power strategy in the EU despite its designation as a 'hostile country' by the Kremlin. This situation underscores the complexities of Russia's international relationships, particularly in the context of the ongoing conflict with Ukraine. Overall, while Russia demonstrates adaptability in some sectors, its long-term economic outlook remains precarious amid continued military expenditures and isolation.