Xi Jinping met with Mishustin: what the Chinese leader promised Russia

Xi Jinping promised to “expand” ties with Moscow/Channel 24 Collage, Getty Images

Xi Jinping held a meeting on December 20 with Russian Prime Minister Mikhail Mishustin. During it, the Chinese leader announced his desire to “expand” ties with the aggressor country.

This was reported by the Chinese state news agency. It noted that Xi Jinping made a corresponding promise by outlining progress in trade between China and Russia.

Cooperation between China and Russia is growing

As journalists note, the Chinese leader assured that bilateral trade between Russia and China allegedly “reached” its annual goal. We are talking about 200 billion dollars. And this, Xi Jinping assured, demonstrated the “sustainability” of cooperation between states.

Preserving and developing Sino-Russian relations is a strategic choice made by both sides based on the fundamental interests of the two peoples, Xi noted.

Please note that Bloomberg noted that during the meeting Mishustin boasted that Russia and China had allegedly almost completely stopped using the US dollar. According to him , the Kremlin is “satisfied with the growth” of ties and is ready to expand cooperation between countries.

More than 300 companies have left Russia

Please note that before the full-scale invasion more than 1,500 large foreign companies operated in Russia. Some of them left the market of the aggressor country. There are also those who have ceased their activities and do not invest in branches in Russia.

304 companies have completely left the market of the aggressor country. Their potential transaction value could reach $25 billion. Another 320 companies have publicly stated that they are seeking to leave Russia and are already taking steps in this direction. True, local authorities are trying to slow down this process.

The largest companies that fully exited generated $82 billion in revenue while at the same time being in exit process – 65 billion dollars, – KSE reported.

At the same time, it should be understood that not all companies that left the Russian market received at least some kind of monetary compensation . Thus, Heineken, Nissan, OBI Group, Renault, Tetra Pak were sold for only 1 euro. But Carlsberg and Danone were simply “squeezed out” by the authorities of the aggressor country.