It can really be said that the soldiers and horses have not moved the grain and grass first. If 2023 is a difficult year, then 2024 may be a year of risk concentration. At the beginning, Biden added another fire to the Russia-Ukraine conflict. Not only will Russia's $300 billion in assets be confiscated, but 500 more sanctions will be imposed.
In addition to Biden's arch fire, Macron also stated that NATO may come to an end. At this time, Russia also began to urgently ask for help, and the Russian authorities said that they would directly borrow yuan. Is a new big war about to break out? Should we accede to Russia's request?
Europe arches the fire, and Putin raises salaries.
The cannon rang out ** 10,000 taels. It can be said that fighting a war is the money, food and equipment to fight. And now, Putin has no choice, and reaching out to China to borrow money may be Putin's only option.
Recently, the relevant ** reported a very interesting news, that is, the Russian Finance Minister said that he was discussing with us to borrow RMB. Suffice it to say, such news is very surprising.
Because according to the economic data released by Russia in the past two years, Russia's finances in the past two years have not been small, but good, and even large-scale **, why will Putin directly borrow money from us this time?
In fact, this is because no matter how high the income is, it can't cover the expenses. In the past two years, Russia's fiscal revenues have grown, but their fiscal deficits have grown faster, that is, they have spent more money than they have made money.
And the most important point is that the United States has tightened sanctions against Russia this year. Recently, during the G7 meeting, the West reached a relevant agreement, that is, to continue to escalate sanctions against Russia, and will 1About 70,000 sanctions, with another 500.
At the same time, there is also a more critical point that the United States has begun to plunder. That is, both the United States and the European Union are pushing legislation to swallow up Russia's $300 billion in assets. And, most crucially, the United States has launched secondary sanctions. If there are financial institutions dealing with Russia, it is possible that it will be affected.
So we have recently seen that Turkey and India have begun to gradually reduce their settlements with Russia, and even Russia's ** floating to the sea has reached several million barrels.
It can be said that the United States is not only trying to impoverish Russia, but also cutting off Russia's way of life. We know that Russia's fiscal revenues come mainly from oil and gas. And when these two countries went to the high level of oil, they helped Russia make money.
But Russia's 2024 fiscal spending budget will increase by about 15 percent, and the growth for conflict will reach about 70 percent. Although the budget revenue will increase by about 22%, but the United States secondary sanctions, Turkey and India will buy more oil?
So, now it's time for Russia to find more income**. And most importantly, here's why. Whether NATO will end up and whether the intensity of the Russia-Ukraine conflict will escalate. And it's getting more and more likely.
Recently, Macron and US Secretary of Defense Lloyd Austin have already stated that they will consider it. Even South Korea and Japan are increasing sanctions against Russia, and all this speaks volumes. The United States is preparing for an even greater confrontation. And it cannot be ruled out that the Russian-Ukrainian conflict will evolve into an open-faced conflict between Russia and the G7.
And judging by the actions of the United States and the West, they are ready to completely strangle Russia. After all, SWIFT has kicked Russia out, and now Russia is even more facing, no one collects rubles for business, and its own products are about to be stuck, and seeing that the conflict is about to escalate, there is only one way in front of Putin, and that is to borrow money, borrowing money from the big countries in the East.
How does China choose?
At the moment of great changes unseen in a century, every move we make now has the potential to change the trajectory of the world, and for us, the attitude is clear and the interests are the same.
On the one hand, it is constantly escalating against Russia, and on the other hand, it is fighting against us, and even coercing us in various ways, so to speak, this is the recent means of Europe, the United States and the West.
We are very clear about Russia's demands and the attitudes of Europe, the United States and the West. Many people may say, should we borrow money from Russia?
In fact, it is necessary to analyze the geometry behind all this. Because we know that our attitude and purpose are clear, that is, we do not advocate war, but hope that disputes can be resolved peacefully and through negotiations. At the same time, we will not fund confrontation, because we are not the United States, and we want peace.
And we since last year, China and Russia have seen a huge growth, last year China and Russia reached about 240 billion US dollars, a year-on-year increase of nearly 4 percent, and our exports to Russia increased by nearly 5 percent, it can be said that China and Russia are growing rapidly.
This means that Russia's position in our economy is increasing rapidly. At the same time, we can also see that the United States wants to trap Russia to death at one time, so as to rally NATO around itself, and its ultimate goal is us.
So from an impact and an economic point of view, Russia is even more of a partner for us. However, we must also understand one thing, that is, will this matter be a conspiracy between Europe, the United States and the West?
Because we know that Europe, the United States and the West are talking about the end of the game now, but will it really end in the future? And one thing that the United States has been hoping for is to package China and Russia, thus shaping the pattern of a new global Cold War. In this way, the United States will once again repeat the past of the confrontation with the USSR.
Therefore, as far as we are concerned, we cannot let Europe, the United States and the West easily trap Russia to death, and on the other hand, we cannot leave a handle for Europe, the United States and the West. After all, what the United States hopes most now is for us to stand in opposition to the West and other countries.
So at this time, how to cooperate and how to deal with it is very important. But in any case, we are also cooperating more on the economic front. After all, since last year, China's exports to Russia have grown faster than imports, and this means that Russia will need to pay us more in the future.
And is it better to use the yuan in this process, or is it better to use the Russian ruble? What's more, the current Russian ruble is actually not stable, and in comparison, the economic ** yuan is more suitable. Therefore, in terms of the economic and trade field, borrowing is beneficial to both sides.
However, it is still uncertain how to deal with it. As the Russian Finance Minister said, it is still being discussed. At the same time, we also said that the normal economic and trade cooperation between China and Russia will not be aimed at a third party, and it will not be interfered by a third party.
At the same time, our high-level officials will also arrive in Russia in the near future and hold consultations on European issues again. And what the future holds, we will wait and see. However, our original aspiration remains the same, which is peace and win-win cooperation.