Chinese banks tighten financial noose around Russia.

Discussion in 'Latest US & World News' started by zoom_copter66, Mar 21, 2024.

  1. zoom_copter66

    zoom_copter66 Well-Known Member

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    https://www.newsweek.com/china-russia-trade-problems-payment-settlement-ruble-yuan-sanctions-1881709


    No real surprise here....RuZzia= China's cheap wh***., and will be for decades as more Orc conscripts get whacked in Ukraine and Siberia/Far East gets more depopulated.

    I'm hearing India is also turning off the valve gradually.....both India and China see RuZZfascista is a sinking ship...and the amount of cheap resources to be milked is ever more appealing?.....or just not worth had hassle?....LOL.
     
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  2. fullmetaljack

    fullmetaljack Well-Known Member

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    Oh my, does this mean RuZZia can't import anything from China ?
     
  3. zoom_copter66

    zoom_copter66 Well-Known Member

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    They get those cheap Chino cars ....that fall apart after 6 months?
     
  4. USVet

    USVet Well-Known Member

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    The Communist Chinese desperately want to continue trading with the west. That means they are dropping Russia like a hot potato because of western sanctions. They have looked and decided the tiny Russian market is not worth losing the vastly larger western market.
     
  5. USVet

    USVet Well-Known Member

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    BTW Russia's economy is EXTREMELY dependent upon oil refineries yet Russia's refining output is down 45% because of Ukrainian drone attacks.

     
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  6. zoom_copter66

    zoom_copter66 Well-Known Member

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    80% of Chino economy directly connected to US/EU....I doubt the CCP is looking to jeopardize that even a small percentage.
     
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  7. Jazep

    Jazep Newly Registered

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    Does China want Russia to fall at the feet of the United States in order to China be left alone with American superior nuclear power?
     
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  8. zoom_copter66

    zoom_copter66 Well-Known Member

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    It's headed that way possibly.
     
  9. Jazep

    Jazep Newly Registered

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    I don't think Xi is an idiot.
     
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  10. zoom_copter66

    zoom_copter66 Well-Known Member

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    What I can see is basically a 2 superpower face off in the not to distant future.

    Russia used to be one....it needs to pick side...sooner rather than later.
     
  11. USVet

    USVet Well-Known Member

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    No, Xi wants to survive and doesn't want to be dragged down by Putler.
     

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