Japan and South Korea are pushing their companies to team up in Russia to stem China’s growing economic power there, in an unexpected consequence of Moscow’s stand-off with the west.
The embassies of Japan and Korea have in recent weeks hosted companies from both countries with investments in Russia for discussions and plan further meetings this year, according to diplomats and company executives.
“Japanese and Korean companies in Russia should consider each other as partners now that China is getting stronger and stronger,” said a Japanese diplomat.
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