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Perhaps Russia can get electronics, biotechnology, and healthcare supplies where the US gets their's: China. Are Russia and China on good terms these days? Doe
by erichocean 5y ago
Perhaps Russia can get electronics, biotechnology, and healthcare supplies where the US gets their's: China.
Are Russia and China on good terms these days? Does Russia have anything to trade with China for yuan so they can buy those Chinese goods?
I guess we'll find out. Or maybe the US tries to sanction China for freely trading with those evil Russians? Interesting times ahead…
- nine_k 5y agoChina produces a lot of interesting stuff! India, by the way, too. They are big trade partner of Moscow. China gladly buys a lot of Russian oil and natural gas, for instance. But China still can't produce certain high-end things. Say, a high-end server-class CPU is sort of problematic, event though ARM architecture allows to produce capable server CPUs. A powerful enough GPU is even harder to come by. I did not hear about high-capacity Chinese HDDs either. I suppose a lot of industries have such high-end goods that only 2-3 "Western" companies figured out how to produce. The embargo will hit hard in areas where such goods make a difference. I only hope that the embargo will be lifted soon, because the current regime in Russia seems unsustainable.
- erichocean 5y agoTrue, but China buys all of those "high-end things" in enormous quantities already. Can't they just resell them to Russia, if Russians (or anyone else) want to buy them? Without sanctioning China, I really don't see how the US and her allies can prevent most "normal" goods from making their way (eventually) to Russia. Hell, even IKEA is in China.
- erosenbe0 5y agoYes, consumers will get resold stuff from other markets but b2b it is sheer pain as now you probably need credit and in a foreign currency, and you may be rolling the quality and service dice on unauthorized resellers.
- xony 5y ago