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The second half of your comment is right. Russia has limited options for trade partners. That has put India and especially China in a position of strength with
by __loam 2y ago
The second half of your comment is right. Russia has limited options for trade partners. That has put India and especially China in a position of strength with respect to trade relations with Russia. Russia has lost a lot of their pricing power and that's why you see India buying their oil at a steep discount.
- blackeyeblitzar 2y agoAnother interesting angle is whether China will want to claim some of the lands in the north east of Russia. I remember reading that the Chinese government believes that land is historically Chinese. To my knowledge, there isn’t much behind those claims factually but it signals what their ambitions might be.
- wumeow 2y agoChina has already begun salami slicing bits of Russia https://www.lemonde.fr/en/international/article/2023/09/04/china-is-redefining-its-borders-with-its-neighbors-including-russia_6122600_4.html https://www.lemonde.fr/en/international/article/2023/09/04/c...
- surfingdino 2y agoThat's not "slicing" that's Xi taking out his box of crayons and having a go at being Lord Curzon.
- twelve40 2y ago> there isn’t much behind those claims factually It's complicated. A good chunk of territory changed hands after the Convention of Peking. On the other hand, much of that territory has extremely hostile climate and not much to do other than mining fly-in fly-out style. Let's see what happens.