The Kremlin is using the Saint Petersburg Economic Forum to showcase remaining allies and address questions of recession.

MAYNES: It's China's world, and the rest of us just live in it, he explains with a shrug. Just maybe, he adds, a good topic for next year's forum. Charles Maynes, NPR News, St. Petersburg, Russia.

But the Russian government is clearly nervous. At the forum, Russia's Minister for Economic Development, Maxim Reshetnikov, warned that the country's economy was teetering "on the brink of recession".

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Guests and participants walk in front of a model of the Order of Victory on the sidelines of the St. Petersburg International Economic Forum in St. Petersburg ...

But the Russian government is clearly nervous. At the forum, Russia's Minister for Economic Development, Maxim Reshetnikov, warned that the country's economy was teetering "on the brink of recession".

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