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China is slowly joining the economic war against Russia?

76 点作者 mrcgnc10 个月前

13 条评论

Xen910 个月前
China has recently issued many joint statements with Russia, that show that they are in fact going to the opposite direction.<p>For example: <a href="https:&#x2F;&#x2F;geopoliticaleconomy.com&#x2F;2024&#x2F;05&#x2F;24&#x2F;china-russia-joint-statement-new-era-75th-anniversary&#x2F;" rel="nofollow">https:&#x2F;&#x2F;geopoliticaleconomy.com&#x2F;2024&#x2F;05&#x2F;24&#x2F;china-russia-join...</a><p>In which they literally agree to cooperate in nearly every economic area.<p>Neither wants OFAC:<p>&quot;... Both sides oppose interference in the internal affairs of sovereign countries, unilateral sanctions without international law basis or UN Security Council authorization, and &#x27;long-arm jurisdiction&#x27; ...&quot;<p>To my knowledge, these joint statements are not usually officially translated to English (or covered in the Western press).
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tananaev10 个月前
I think it&#x27;s not China, but pressure from the west forces some Chinese companies to cut ties with Russia. It&#x27;s not a Chinese initiative. The title kind of implies that it&#x27;s China as a state, but it&#x27;s not true.
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twelve4010 个月前
According to the numbers listed, tier 1 volume is on the order of ~300mil&#x2F;year. Had to double-check the order of magnitude here. That is a rounding error in $100bil&#x2F;year exports, for the items that can be moved in a few trucks. Has the author considered the possibility that part of this 0.03% of the export volume was just moved off the books after December?
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b3ing10 个月前
India still does business with them, yet there’s no push back about it.
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tim33310 个月前
I&#x27;m not sure you can tell much from ball bearing data but China has strategic reasons to want Russia to fail economically. Basically the still resent Russia taking the lands north of Beijing and Russia being broke would increase their chances of returning some. Already they&#x27;ve been changing some names on the map <a href="https:&#x2F;&#x2F;www.kyivpost.com&#x2F;opinion&#x2F;13560" rel="nofollow">https:&#x2F;&#x2F;www.kyivpost.com&#x2F;opinion&#x2F;13560</a>
m3kw910 个月前
China can send all sorts of stuff to them that cannot be tracked. How does anyone track a plane loaded to the brim sent to Russia
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blackeyeblitzar10 个月前
China, the government, ultimately controls and regularly pushes around, China the companies. And the state is definitely aligned, if not outright allied, with Russia at this time (and Iran and Venezuela’s Maduro and Turkey’s Erdogan). I wouldn’t believe any claims that there is somehow an economic war against Russia. However I can see China taking advantage of Russia’s position. They may even try to use economic ties as a way to extract things like cooperation or just territory.
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londons_explore10 个月前
Isn&#x27;t $5m&#x2F;month pretty much zero for nations the side of Russia and China?
mediumsmart9 个月前
It’s not the despair, I can stand the despair. It’s the hope.
IYasha10 个月前
I rarely comment, but I&#x27;m really tired of political articles on HN.
surfingdino10 个月前
China pushes Russia into the gray zone, squeezing them economically. Officially, they are making it difficult for the Russians to pay and receive payments while unofficially pushing Russian businesses towards &quot;handlers&quot; charging extortionate commissions:<p><a href="https:&#x2F;&#x2F;www.yahoo.com&#x2F;news&#x2F;chinese-banks-reject-80-russian-082131174.html" rel="nofollow">https:&#x2F;&#x2F;www.yahoo.com&#x2F;news&#x2F;chinese-banks-reject-80-russian-0...</a><p>They are not openly hostile to Russia and will not admit to aligning with the West, but they certainly do not want trouble (sanctions) or an open war with Russia. They told Putin they will not pay for the Syberian pipeline, because they don&#x27;t have to. Given how bad the Russia&#x27;s economic situation is China can do nothing, squeeze every last penny out of them, and enjoy cheap access to the Russia&#x27;s mineral resources without having to conquer and run the place.
JumpCrisscross10 个月前
[flagged]
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kkfx10 个月前
Short version: no. Mid version: China and Russia are NOT allied, they are ancient enemy temporary united for common interests. Long version China need central Asia resources, Russia already have the largest slice of them, and have some tech China have missed so far. Now China have almost bridged the gap of those tech in air, space, maritime sense (air carriers, space explorations, satellites, planes, ...) so they need Russia almost ONLY for natural resources, meanwhile central Asia is in the think of a so far only economical war, but still a war, and relative local powers like Kazakhstan, Mongolia etc try to play all sides to improve their situation a bit. China is not much friendly for them, but offer a very powerful industrial system able to provide essentially any good, while Russia is better known, without language barriers (almost anyone in central Asia also speak&#x2F;can read and write Russian) and already know their infra, since it was build by the Soviet, but can&#x27;t offer much more than &quot;the past&quot; and is a competitor as a natural resources supplier, so the pivot to China is a bit prevalent.<p>The real point is that EU interests are with the EAEU, being all Europeans till the Urals, being almost compatible (EAEU is like ancient ECSC (European Coal and Steel Community) the base of the modern EU) technically is the most reasonable move for both party:<p>- they both need an ally, the western need natural resources and space, the easterner modern industry and management;<p>- they are in territorial continuity, and both can&#x27;t much invade each others;<p>- they are both oppressed by their current allied, the EU driven by conflicting USA&#x2F;UK interests, Russia by the China dominance and economical colonization of the Siberia and the Russian Far East.<p>That&#x27;s a socially nearly utopia but technically most sound partnership. China knows that and they need to avoid that as the USA and the UK. If that happen for a reason or another China, USA, UK are simply dead because they can only kill each others in an economical al military war both falling on their own internal weakness. So China need to control Russia, but not allow it to strength much, the USA&#x2F;UK need to control EU. They have a point in common, but a conflicting one, so it&#x27;s very unlikely they agree on anything.<p>Aside China need South America, something USA can&#x27;t accept at all, but can&#x27;t really go to war, at least that&#x27;s the last thing they do want. On the other side UK in primis, but also USA desperately need a global war, UK to avoid a civil war, witch is VERY near due to a completely failed economy and way too much general population poverty, USA and in a far better status but they can&#x27;t lose nor south America nor the dollar dominance so they need a war a well. The probability of an alliance in such war between USA&#x2F;UK and China is very unlikely, their ruling class is very similar in thinking terms, but they are definitively conflicting without much choice. They are not like Nazi-Fascist-Japan axe today because resources are scarce for all.