RandAlThor@lemmy.ca to World News@lemmy.worldEnglish · 20 hours agoChina bankrolling Putin’s war to gain advantage over West, MPs toldwww.yahoo.comexternal-linkmessage-square3fedilinkarrow-up1103arrow-down13
arrow-up1100arrow-down1external-linkChina bankrolling Putin’s war to gain advantage over West, MPs toldwww.yahoo.comRandAlThor@lemmy.ca to World News@lemmy.worldEnglish · 20 hours agomessage-square3fedilink
minus-squareperestroika@slrpnk.netlinkfedilinkEnglisharrow-up12·edit-218 hours agoThere is a trend however, in several sectors: the financial volume of Chinese exports to Russia grows, but the unit volume does not. That’s not called bankrolling, it’s called price gouging, and if someone price gouges an agressor, that’s actually pretty tolerable. (I do not exclude that in other sectors, actual bankrolling may be occurring.) Sources and background: China Hikes Prices on Dual-Use Goods Exports to Russia – Study China’s 2025 trade with Russia posts first decline in 5 years
minus-squarepartial_accumen@lemmy.worldlinkfedilinkEnglisharrow-up3·15 hours agoChina is successfully preparing Russia as a vassal state of China. Putin and Kim Jong-Un will be sitting next to each other as equals at the kids table at a meeting in China in the years ahead.
There is a trend however, in several sectors: the financial volume of Chinese exports to Russia grows, but the unit volume does not.
That’s not called bankrolling, it’s called price gouging, and if someone price gouges an agressor, that’s actually pretty tolerable.
(I do not exclude that in other sectors, actual bankrolling may be occurring.)
Sources and background:
China Hikes Prices on Dual-Use Goods Exports to Russia – Study
China’s 2025 trade with Russia posts first decline in 5 years
China is successfully preparing Russia as a vassal state of China. Putin and Kim Jong-Un will be sitting next to each other as equals at the kids table at a meeting in China in the years ahead.