Well, trade between Russia and China is over 200 billion now, so I expect more of that. China basically replaced all the western tech that Russia relied on, and became the biggest export market. China is the main reason Russian economy is currently showing growth.
Ideally Russia should be able to produce everything it needs domestically, but trade has been an important part of the economy. We’ll see if Russia will just continue being a commodity exporter or will finally start developing domestic industry now.
Well, trade between Russia and China is over 200 billion now, so I expect more of that. China basically replaced all the western tech that Russia relied on, and became the biggest export market. China is the main reason Russian economy is currently showing growth.
You have no idea how much this phrase saddens me
Ideally Russia should be able to produce everything it needs domestically, but trade has been an important part of the economy. We’ll see if Russia will just continue being a commodity exporter or will finally start developing domestic industry now.