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The completion of the natural gas pipeline 'Power of Siberia' in 2019 creates new dynamics in Eurasian trade. Russia's deepening ties with China present it with the opportunity to change its relationship with the European Union from monopsony to monopoly, thus gaining bargaining leverage. However, this argument goes both ways, being also applicable to Russo–Chinese affairs, with the European Union as the alternative option. The article concludes that Russia, while seriously strengthened by its developing energy relationship with China, will not endanger its status as a reliable supplier across Eurasia, since its nascent monopoly position depends on the existence of an alternative option. [ABSTRACT FROM AUTHOR]

Russia has sought to maintain its influence in the South Caucasus by a variety of means, viewing the region as an area of crucial importance for its core strategic interests. However, China's prominence in the South Caucasus has increased significantly over the past decade, as the South Caucasus states seek to diversify their diplomatic and economic ties. This essay explores whether Russia's regional hegemony in the South Caucasus is being challenged by China: does China's growing engagement with the states of the South Caucasus pose a challenge to Russian influence within its traditional zone of 'privileged interest'? [ABSTRACT FROM AUTHOR]