According to the latest data released by the General Administration of Customs of China, in 2023, China's imports from Russia will exceed 10.7 billion tons, an increase of 24%, accounting for 19% of China's total imports last year. This number is still growing rapidly today. Before the outbreak of the Russian-Ukrainian war in 2021, Russian oil mainly flowed to Europe, and the amount of oil ** on both sides exceeded 138.7 billion tons, accounting for 50% of Russia's total oil exports. Europe's imports of ** and petroleum products from Russia have now fallen to 1.4 million tons. On the contrary, China has become an important support for Russian oil **, and in essence has become Russia's savior in terms of commodities.
Not only in the field of oil, but also in other business areas, China also occupies the lion's share of Russia. In order to further strengthen its ties with China, Russia plans to connect its railway in the Central Asian region with the China-Pakistan railway, sharing the Gwadar port, which was jointly built by China and Pakistan. With the rapid growth of China and Russia, some unfavorable rumors have spread on the Internet, claiming that China's purchase of Russian oil is much higher than the market price, which is a subsidy to the Russian economy. This rumor has attracted some attention in the country, and some people believe that this is an act of collusion with Russia. There are two main reasons for this.
The Russian oil that China buys is mainly Brent oil, which is distributed in the Siberian permafrost, which is relatively more difficult to extract, purer and better quality, so it sells for more. India's oil purchases, on the other hand, come mainly from the Russian Ural Mountains, which are of relatively low quality. With the increase of China and Russia, Russia is also strengthening the construction of the oil industry in Siberia, and with the completion of new refineries and oil pipelines in the future, the ** of Brent oil will naturally decrease.
Russian oil exports to India are not the most important in the economic sense, but more importantly in the political sense. Since India wants to strike a balance between the United States and Russia, Russia has decided to sell oil to India even if it reduces some economic benefits. Since India has already felt the consequences of provoking the United States, it has reduced the amount of oil imported from Russia, and Russian oil to India** has also risen back to market price.
Western countries have been spreading rumors on China and Russia, mainly because they want to collapse the Russian state as a whole through an economic blockade, and the presence of the Chinese market has hindered this plan. Based on the countermeasures against European and American sanctions, Putin has formulated a grand strategy of turning the economy from west to east and expanding the Asian market. The success of this strategy has led to malicious rumors about China and Russia in some Western countries, trying to influence China's policy by **. Most Chinese are sober and well aware of the power of joining forces to fight. In a situation where two weak forces against one strong, if the two weak contradict each other, it will only make one stronger in the end. These tricks of the West are hardly able to have a substantial impact on Chinese society.
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