Kunpeng Project
There are no eternal partners, only eternal interests. I thought that India would become Russia's new partner back-to-back, but what I didn't expect was that India only had endless advantages in its eyes, and there was no partner to speak of. The resale of Russian oil has made India a lot of money, but what I didn't expect was that India wanted to settle in Indian rupees.
The contradictions between Russia and India eventually led to the detention of Russian oil, but the Russian oil that has been stranded in recent days has finally begun to move, and Russia has finally compromised with India? Can Russia's new partner still be relied upon?
Russia compromised?
Behind everything has long been marked with chips, I thought that India would be Russia's new partner back-to-back, but I didn't expect India to be good at making knives, it can really be said that India makes money and India spends, and I want to take it home.
We all know that after the outbreak of the Russian-Ukrainian conflict, Russia began to actively cooperate with various countries in order to open up its own energy sales channels. And among them, India is pinned on by Russia. However, what I didn't expect is that India is still the India of the past, which once pitted the Soviet Union, and today it is followed by Russia.
Because Russia was kicked out of the SWIFT system, coupled with the United States restricting Russia from using the US dollar, this led to the fact that Russia wanted to do ** and there was no currency available, after all, the rupee was not recognized, so Russia chose to settle in RMB. It can be said that this is more beneficial to both China and Russia, after all, China and Russia are expanding rapidly, and the RMB is more stable.
However, what I didn't expect was that it was not enough for India to resell Russian oil to make money, and it was expected to be settled in rupees, after all, watching the rapid internationalization of the Chinese currency was more uncomfortable than India not making money.
So we saw the next scene. That is, Russian oil is stuck at sea, because India has not given notice of docking, so millions of barrels of Russian oil have been floating in Haisang. And the reply given by India is that because of the US sanctions, India.
It is unacceptable for reasons of interest.
This is more nonsense, because we know that the US sanctions against Russia have started since the outbreak of the Russian-Ukrainian conflict, and India has been reselling Russian oil for more than a year, and it has already made a lot of money, but now it is starting to consider the US ban, which is just a smoke bomb. The most essential reason for this is the settlement problem.
Because in Russia's view, you can't buy anything when you receive Indian rupees, and besides, India doesn't have what Russia needs, so what's the difference between receiving rupees and sending Russian oil to India? As for India, with the renminbi, India has a deficit with us, and the renminbi is not much, and secondly, India sees that our development is more uncomfortable than losing money, how can it accept it?
So in the end, it was a stalemate between the two companies, but recently there has finally been a new change. That's when Russian oil, stranded at sea, began to act. In other words, Russia and India have finally reached an agreement on the relevant issues and crossed the barrier.
And we all know that India and the UAE have used dirhams to settle before, so this time it is also possible to settle in dirhams, that is, Russia may finally give in.
But does this really represent a compromise on behalf of Russia? Actually, it was compromised, but it was not completely compromised. Because we saw that this shipment of Russian oil went to two countries. One is India and the other is China. And 2.2 million barrels of them went to China, while only 600,000 barrels went to India. It can be said that in the end, China can be relied on.
Therefore, Russia should still think clearly about who is the real trustworthy partner. We didn't have to change it all the time in the Russian crisis, and what about India? It has changed many times a long time ago. Moreover, the compromise between the two parties is still on the basis of Russia's support for India's entry into the permanent state.
Therefore, it has long been clear how Russia should choose, and no matter how many attempts are made, it will only be like this. Russia should concentrate on cooperating with us.
China is the way out for Russia
It can really be said that India has hurt Russia thousands of times, and Russia still expects to open a gap in India, so it can only be said that Russia has thought too much, and China is the real way out for Russia.
We know that with the outbreak of the Russia-Ukraine conflict, people who surround Russia are either to make a fortune or expect to benefit from Russia. For example, India and Turkey and the like. If it encounters any trouble, it will immediately turn the gun, so to speak, can Russia really believe such a partner?
And we are different. We are here with the goal of long-term cooperation between the two countries. That's why we put forward China and Russia as back-to-back partners, and at the same time, the two countries are highly complementary in terms of industrial structure. It can be said that China is Russia's natural ally.
And we can see from the economic data of Russia in the past year that Russia has achieved economic growth on the basis of the joint blockade of Europe and the United States, and at the same time, the Russian ruble has not completely collapsed because of US sanctions. And this, in addition to the energy support of Russia, is more important is the support of the Chinese market.
We see,The share of China and Russia exceeded $200 billion last year, and the growth rate reached nearly 30%. The most important point is that China's exports to Russia have increased significantly, by nearly 4 percent, and it can be said that we have completely made up for the shortage of industrial products in Russia.
Unlike the cooperation between Russia and India, even if Russia collects a lot of Indian rupees but can't spend them, even if Russia wants to buy industrial goods in India, what can Indian industrial products buy? But the renminbi is different, because it is backed by China's industrial products, and at the same time, other countries are also recognized.
Therefore, Russia should not think about playing a balance between China and India, and it is better to strengthen cooperation with China. First of all, it is better to land the Sino-Russian gas project than anything else. Besides, now that India dares to kick its nose in the face, will India be more convinced of Russia in the future?
NowRussia chose to ship 2 million barrels to China and 600,000 barrels to India, but these are only part of it, according to agency data, there are now more than 10 million barrels floating at sea, and there is not much time left for Russia to consider.
Besides, the Indian market cannot completely consume Russian production capacity, and only we can. So, Russia should think clearly. We are the best people to choose from.