Tuesday, October 12, 2004

Putin Goes To China

From Mosnews:

Russian President Vladimir Putin, accused in the West of backtracking on democracy, turns East this week, the Reuters news agency reports. Putin will visit China which many in the Kremlin camp see as a model of an economically-successful autocracy. Some Chinese analysts also see Putin’s trip, starting on Thursday on the heels of one by French President Jacques Chirac, as a sign that China’s new leader Hu Jintao is seeking stronger ties with Europe and Russia to balance those with Washington. Putin’s three-day trip comes a month after he proposed to nominate rather than elect regional governors and change the rules of parliamentary polls —- moves, criticised in the West, that would strengthen his already tight grip on Russia. “In the eyes of foreign investors, the centralisation of political power can make Russia much more similar to China, which has the best investment climate among developing countries,” the business daily Vedomosti wrote."