Six Reasons for Vladimir Putin to Go to China
... West remains firmly committed to disrupt this trend and the Western pressure on Beijing is constantly growing. Not surprisingly, the Chinese private sector is getting increasingly concerned about the scope of the likely negative impact that secondary sanctions might have on their business prospects. After the European Union had introduced its 12 th package of restrictive measures against Moscow, a number of the leading China’s banks became reluctant to accept dollar payments from Russia; as a result, in March the bilateral trade suffered a mild setback of 2%. With the Chinese export to Russia going down by 14% on the yearly basis (from USD 8,9 billion to USD 7,6 billion),...