Xi will not give Putin everything he wants: what China wants now

Vladimir Putin never stops making efforts efforts to strengthen economic relations with China. However, Xi Jinping is simply using Russia to obtain cheap oil and raw materials.

Such 24 The largest foreign investor in Russia until 2005, William Browder, spoke to the channel, noting that China will not supply Russia with weapons and directly support it in the war against Ukraine. Meanwhile, China's economic cooperation with the United States and Europe is deteriorating, which is hitting the Chinese economy.

China and Russia

China, according to Browder, views cooperation with Russia as an opportunity to get cheap oil, perhaps a few more cheap raw materials. For China, Russia is an opportunity to sell Chinese products, because previously Russians bought Western ones. China will not openly supply weapons to Russia, because then it will be threatened with even greater sanctions, which Beijing does not need.

They (Putin and Xi – Channel 24) started by saying that this is “a friendship that has no boundaries.” However, within the framework of this “friendship” there are boundaries. This helps China and Russia a little, but does not change the rules of the game, stressed the largest foreign investor in Russia until 2005.

China's economic cooperation with the world

According to Browder, many countries now depend on China for cheap goods; this country is an exporter of a large number of products. At the same time, China is aggressively using its economic leverage. Therefore, many companies are trying to become less dependent on it. One of the main consequences is that China's economic growth has slowed.

I don't think the West can turn away completely from China, but over time we will see a serious and conscious decoupling as countries or companies try to become less dependent on China, which is not good for it. However, he put himself in this position,” noted the largest foreign investor in Russia until 2005.

Cooperation China with Russia: briefly

• Vladimir Putin arrived in China on May 15 on an official visit. The Russian president emphasized that “China is Russia’s main partner in the trade and economic sphere.” Putin stated that cooperation between Moscow and Beijing allegedly “is one of the main stabilizing factors in the international arena.”
• The British Secretary of Defense said that China is working on the transfer of lethal weapons to Russia. He also added that he is convinced that this is an important event. However, the minister did not provide evidence for his words.
• Xi Jinping said that both Ukraine and Russia should be represented at the upcoming international peace conference, which should ensure equal participation of all parties and fair discussion of all peace plans. Beijing supposedly plays an important role in ensuring peace.