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  3. China bankrolling Putin’s war to gain advantage over West, MPs told

China bankrolling Putin’s war to gain advantage over West, MPs told

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  • R This user is from outside of this forum
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    randalthor@lemmy.ca
    wrote on last edited by
    #1
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    China bankrolling Putin’s war to gain advantage over West, MPs told

    China has become the main financial backer for Russia’s war against Ukraine, MPs have been told.

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    Yahoo News (www.yahoo.com)

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    • R randalthor@lemmy.ca
      This post did not contain any content.
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      China bankrolling Putin’s war to gain advantage over West, MPs told

      China has become the main financial backer for Russia’s war against Ukraine, MPs have been told.

      favicon

      Yahoo News (www.yahoo.com)

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      P This user is from outside of this forum
      perestroika@slrpnk.net
      wrote on last edited by
      #2

      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

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      • P perestroika@slrpnk.net

        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

        P This user is from outside of this forum
        P This user is from outside of this forum
        partial_accumen@lemmy.world
        wrote on last edited by
        #3

        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.

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