Experts are sure that China will replace Western companies in Russia

Hope for China's help in the sanctions struggle between Russia and the West has no real basis, experts say. So, economist Maxim Averbukh writes in his blog:

“China - if it still can, if it is under attack $ 1.025 trillion a year of exports to the EU and the USA and almost $ 2 trillion lying in dollars and euros - replaces 27 EU countries and now one, monopoly, buys from Russia more than 50% of its exports and supplies it with more than 50% of its imports. Including intermediate goods - i.e. at the snap of a finger in Beijing, any branch of Russian industry can be destroyed. In such a situation, of course, he pays for everything in yuan. And he buys oil, gas, etc. at a huge discount to the world price.

Huge money, getting into debt all the same to China, because: a) We don’t have enough of our own; b) No one will lend more.

Russia spends on reversing the flow of gas and oil with oil products from Europe to China - for gas alone, this is about $250 billion.

In case of non-repayment of the debt on time, China, let me remind you, likes to take territory.

Investments are only in import substitution, in general, the investment process in the economy is significantly, perhaps several times (in real terms) reduced. At best, Chinese business uses Russia as a reservoir of cheap labor, bringing dirty and labor-intensive production here. Those. Russia is becoming for China what China itself is for developed countries.”

Averbukh is echoed by economist Maxim Mironov : “As a result of this special operation, China will bloodlessly capture all of Russia. First, for a penny, he will take the property of Western companies that are evacuated from Russia in a hurry. Then he will dictate the terms of the exchange for his new colony. For penny beads, he will take all natural resources to himself.

History Kamil Galeev , who has worked in China for a long time, adds black paint to this picture: “Oops, so China is already going to buy shares in Russian energy and raw materials companies. Fortunately, they will now be sold at a garbage price - there are no other buyers.

As soon as the topic of relations with China is raised, the patriotic camp unanimously sings the song of the mammoth. China for them has long been turned into such a parental, maternal even figure. Feed, warm, never offend anyone

Alas, the search for parental figures in the outside world does not lead to anything good. The notion that China is a mortal enemy is an exaggeration, but it is much closer to reality than seeing China as a parent figure that will protect against a cold, soulless world.

Now the Russian Federation is losing both Western markets and Western suppliers. Is it possible to replace them with Chinese ones? In many cases, yes, but the situation when you have nowhere to go from China is a colossal deterioration in your negotiating position. Naturally, China will sell its goods worth its weight in gold, and buy Russian resources for three kopecks. A little later, for the same three kopecks, he will also buy Russian assets.”