Sino Russian gas projects must continue!U.S. media China rarely applies to the United States for a

Mondo International Updated on 2024-01-31

China and RussiaNatural gas cooperation projects have been plagued by sanctions from the United States and the West, and China has even applied for sanctions waivers from the United States to keep themChina and RussiaThe cooperation went smoothly. However, whyChina and RussiaCooperation depends on the face of the United States?This article will focus on **China and RussiaThe logic behind the cooperation and the impact of the cooperation, and the analysis of China's inInternationalResponses to the situation.

Subject to US sanctions against Russia,China and RussiaCollaborative projects may be at risk of running aground. According to reports, foreign shareholders have suspended their participationArcticLiquefied natural gasProject No. 2 and abandon the new one to RussiaLiquefied natural gas(LNG) Liability for financing and offtake contracts for factories. This is undoubtedly a huge challenge for China.

Extended interpretation: In the face of U.S. sanctions pressure,China and RussiaCooperation is facing an unprecedented dilemma. The United States is the world's majorEconomyOne of the bodies, with a huge market and a strong oneInternationalinfluence, its sanctions onChina and RussiaThe impact of collaboration cannot be underestimated. In this case, the Chinese side was forced to apply to the United States for a waiver of sanctions in order to maintainChina and RussiaThe cooperation went smoothly.

Although some people may think that China does not need to look at the face of the United States, the reality is more complicated than we think. toCOSCOFor example, in order to guarantee the safety of transport fleets through the Indian Ocean, the Red Sea and the Mediterranean, it is necessary to purchase insurance provided by Western-holding commercial companies. If the West refuses to cooperate with China, then China will be at great risk.

Extended Interpretation:China and RussiaCooperation is not only subject to US sanctions, but also by other aspects. As a major exporter, China needs to rely on the global market. However, due toGeopoliticsAs a result of the incident, volatility in the global maritime market intensified, and Chinese fleets and freight companies began to detour to the Cape of Good Hope in South Africa to avoid risks. This shows that China needs to take countermeasures to deal with itInternationalChanges in the situation.

China and RussiaCooperation is of great significance to both parties. For Russia, increased cooperation with China could help it compensate for the loss of market share in Europe and gain access to foreign exchange. For China, cooperation with Russia will make it inInternationalHave more initiative in the transaction.

Extended Interpretation:China and RussiaThere are mutually supportive motivations for cooperation. RussiaEconomyConstrained by Western sanctions, there is an urgent need to find new markets. China is the second largest in the worldEconomyprovides Russia with great opportunities for cooperation, which is very important for Russia. At the same time, China can also benefit fromChina and Russiacooperation to get more development opportunities, and inInternationalMore influence in transactions.

At present, China is taking a series of countermeasures to ensure that it is safeguardedChina and RussiaThe cooperation went smoothly. First, China can reduce its dependence on the US and Western markets, increase the capacity of the China-Europe freight train, and speed up the construction of the China-Kyrgyzstan-Uzbekistan railway. Second, China needs to meet Russia's need for external financing while maintaining its relationship with the United States.

Extended Interpretation: In order to copeInternationalThe situation is tense, and China is taking a series of measures to escalate itChina and Russialevel of cooperation. Reducing dependence on U.S. and Western markets can help China reduce the risk of being subject to sanctions. In addition, China can also strengthen cooperation with Europe and strengthen ties with Russia through transportation modes such as the China-Europe freight train. However, China needs to strike a balance in maintaining relations with the United States to meet Russia's needs for external financing.

China and RussiaThe smooth progress of the natural gas cooperation project is very importantChina and RussiaBoth are of great significance. In the face of US sanctions, China is taking a series of measures to ensure the smooth progress of cooperation and seek a balance with the US. China will reduce its dependence on the U.S. and Western markets, strengthen cooperation with Europe, and provide support for external financing to maintainChina and RussiaSteady development of cooperation. China and RussiaThe intensification of cooperation contributes not only to Russia'sEconomyDevelopment also makes China inInternationalTransaction. I'm rightChina and RussiaWe are full of confidence in the future of cooperation, and I believe that with the joint efforts of both sides, cooperation will achieve greater results.

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