"The Russians are turning east to the Chinese - to the Europeans' surprise. It always seemed to me that the relationship between Russia and China would shift from being based in Marx and Lenin to being based in oil and gas"
About this Quote
The subtext is classic Yergin: energy is not a sector, it’s a system of leverage. “Based in oil and gas” isn’t just about trade flows; it implies pipelines, long-term contracts, and the kind of dependency that outlasts summits and spats. By framing the Russia-China relationship as a shift from political doctrine to hydrocarbons, he’s arguing that the post-Cold War world didn’t become less strategic, it just became less honest about what drives alignment. Ideology offered a story; energy offers a balance sheet.
The context matters: Europe’s security assumptions were built on Russia as a European-adjacent power that needed Western markets and Western legitimacy. Yergin suggests that once Europe became an unreliable customer or an adversarial audience, Russia had an obvious alternative buyer next door, and China had a near-limitless appetite. The “surprise” is the tell: it exposes a continent that underestimated how quickly economics can redraw the map when politics hardens.
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
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Citation Formats
APA Style (7th ed.)
Yergin, Daniel. (2026, January 17). The Russians are turning east to the Chinese - to the Europeans' surprise. It always seemed to me that the relationship between Russia and China would shift from being based in Marx and Lenin to being based in oil and gas. FixQuotes. https://fixquotes.com/quotes/the-russians-are-turning-east-to-the-chinese-to-41530/
Chicago Style
Yergin, Daniel. "The Russians are turning east to the Chinese - to the Europeans' surprise. It always seemed to me that the relationship between Russia and China would shift from being based in Marx and Lenin to being based in oil and gas." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/the-russians-are-turning-east-to-the-chinese-to-41530/.
MLA Style (9th ed.)
"The Russians are turning east to the Chinese - to the Europeans' surprise. It always seemed to me that the relationship between Russia and China would shift from being based in Marx and Lenin to being based in oil and gas." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/the-russians-are-turning-east-to-the-chinese-to-41530/. Accessed 12 Feb. 2026.

