Putin is well aware that with the West's aggression against RussiaEnergyThe intensification of sanctions and the fact that China has become Russia's only export market are of great significance to Russia. In order to gain an advantage in the fierce competition, the Russian side can only sell at a discountOil, natural gas, etcEnergy。And according to the data, RussiaOilThe amount of discounted exports to China has reached $9 billion, and huge revenues have been lost. However, Putin firmly believes that cooperation with China is a wise move, despite the losses. Because China, as the world's second largest economy, rightEnergyThe demand is huge, providing Russia with a long-term stable market.
Faced with the situation of Western sanctions, Russia had to accelerate its shift to the Eastern market. China asEnergyOne of the countries with the greatest demand, it has always been firmly in the first place in RussiaEnergyImporting country. Last year, Russia surpassedSaudi Arabiato become the largest in China**Country. At the same time, the Russian side also exports large quantities of coal and liquefied natural gas to China, and gives special discounts. This in-depth cooperation makes it possible:China and Russia** Rising to reach $220 billion in 2023. China vs. RussiaEnergyThe huge demand makes Putin convinced that it will continueEnergySelling to China is a smart choice.
In recent years, China's demand for aluminum has continued to increase, especially in the production of solar cells and the rise in aluminum consumption in the automotive industry. According to **, in 2023, China's primary aluminum consumption will exceed 42 million tons, accounting for 60% of the world's total consumption. And Russia is known for its low-carbon and environmentally friendly aluminium resources, which can use hydroelectric power and is used by some of the most environmentally friendly aluminium products in the worldQuotient。As a result, China's demand for Russian low-carbon aluminum is increasing. In response, Russia is also increasing its aluminum exports to China, helping to alleviate the lossesOilLosses due to discounts.
However, China's demand for Russian aluminum faces US protectionTariffsand Western sanctions and other pressures. Recently, the United States announced a 200% levy on Russian aluminumTariffsand try to block all the ways out of Russia. This has made Russia pay more attention to cooperation with China, making China the most important market. However, China will not treat Russia badly, and it is expected that after the recovery of aluminum prices, China will ask the Russian side for a more friendly **. China and RussiaThe two countries have a long history of friendly cooperation, as well as in ".The Belt and Road InitiativeThe cooperation under the initiative and the "dual circulation strategy" has enabled both parties to achieve mutual benefit and win-win results.
Putin said at a press conference not so long ago that currentlyChina and RussiaCooperation has reached "unprecedented" heights, becoming a key partner in the face of global challenges. Under Putin's leadership, Russian-Chinese cooperation will continue to reach a new level. Despite the fact that Russia has diversified its economy, reducing the pairEnergyBut cooperation with China is still very important. Putin's trust in China and the guarantee of long-term cooperation between the two countries have made it possible for Russia to remain firm even if it loses $9 billionOilSold to China.
In general, China as the most important for RussiaEnergymarket, which provides a stable export market for the Russian side. In order to occupy an advantageous position in the competition, Russia does not hesitate to lose moneyOiletcEnergySold to China and given a special discount. InEnergyOutside of the field, China's demand for Russian aluminum is also increasing. Demand in China is huge, especially in solar cell production and rising aluminium consumption in the automotive industry. Russia is known for its low-carbon and environmentally friendly aluminum resources, and has become an important importer of China. Despite in the face of the protective nature of the United StatesTariffsand Western sanctions pressure, but the cooperation between Russia and China is still close and has achieved fruitful results.
Putin's trust in China and the guarantee of long-term cooperation between the two countries have made him firmly willOiland aluminum, etcEnergySold to China, although it may lose money. Putin is well aware of the importance of China as the world's second largest economy, and China will not treat Russia badly, and it is expected that after the recovery of aluminum prices, China will ask the Russian side for a more friendly **.
In general,China and RussiaThe cooperation between the two countries is inEnergyand aluminum, which continue to grow, bringing huge economic benefits to both parties. Putin: YesChina and RussiaThe confidence and prospect of cooperation make him willing to bear the loss and continue to strengthen cooperation with ChinaSino-Russian relationsPush to new heights.