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. Last Updated: 07/27/2016

New China Crisis

The Chinese have for some time felt something less than a deep sense of gratitude toward the Soviet Union, which selflessly built up China's industrial base with the construction of 156 giant enterprises in the 1950s, one-third of which were concentrated in the northeast. Today, more than half of these are operating at a loss, workers are on forced leave, and the huge region's population of 100 million is beginning to realize that it has become a hostage to Stalinist industrialization.

"If Russia isn't in a position to help with investments, then it should at least open up access to its natural wealth," a Chinese economist said at [an international seminar held last year in Chanchun dedicated to the problem of integration and cooperation in the Pacific Rim]. ...

Statements by Chinese Foreign Minister Qian Qichen have maintained a ["cold-blooded and intense"] tone: "Economic chaos and instability in Russia are not a subject of concern for us." ...

If Moscow and Peking are not able to solve the more sensitive border issues ... China may be able to raise objections while applying powerful diplomatic and military pressure.