Chinese FDI
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“Lenders of Last Resort”: Sino-Russian Rivalry in Belarus?
![china-russia-competition.jpg](https://belarusdigest.com/wp-content/uploads/2011/11/china-russia-competition.jpg)
As 2011 draws to a close, the Lukashenka regime has averted economic and political collapse. To be sure, the economy is still in a fragile state: the ruble has suffered three major devaluations since May; inflation has soared to...