53
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 03 Jun 2024
53 points (100.0% liked)
World News
22057 readers
64 users here now
Breaking news from around the world.
News that is American but has an international facet may also be posted here.
Guidelines for submissions:
- Where possible, post the original source of information.
- If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.
- Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.
- Do not post ragebait or shock stories. These will be removed.
- Do not post tabloid or blogspam stories. These will be removed.
- Social media should be a source of last resort.
These guidelines will be enforced on a know-it-when-I-see-it basis.
For US News, see the US News community.
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
You have no leverage when you only have one remaining economy to sell things to.
Russia is going to be turned into a Chinese vassal state.
Weeelll, they do still export a lot even to countries that have nominally sanctioned them. Obviously less nowadays than before the full-scale invasion of Ukraine, but China definitely isn't their only export destination for petrochemicals:
(source for graph)
What might screw Russia over is their reliance on Chinese imports, however. Everything they need for eg. maintaining that oil production – let alone consumer products – has to come from somewhere, mostly either from dodging sanctions (making it more expensive and slower) or from China
I assume the bigger problem is the switch to a wartime economy that has no good outcome. All that production is not going toward future productivity, in fact, quite the opposite. I am no expert in this but that's my view.
Oh yes absolutely, I meant it more as in what'd be likely to make Russia a "vassal state" to China
Oh, right, missed the context.
I don't know if China can afford to cut off Russia but it looks like they control enough of that income pie that it's a very effective threat. Maybe not full control “vassal state” but it's a pretty strong position for negotiations and how's that going to get weaker over time? Then again I've heard China's economy isn't that great right now.