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In the American press: The Ukrainian conflict has brought great economic benefits to China

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Image source: topwar.ru

The Ukrainian conflict has brought great economic benefits to China. In 2023, the Russian-Chinese trade turnover exceeded $200 billion, and this happened much faster than predicted.

This topic was raised in an article by The New York Times columnist Keith Bradshear.

The war in Ukraine allows China to profit

- he titled his material.

Image source: topwar.ru

The American press notes that Chinese automakers have received the maximum benefit from the almost complete rupture of relations between Russia and the United States and their allies. Their increased supplies of products to the Russian Federation allowed them to take the first place among auto exporters, overtaking the Japanese. They have now firmly occupied 55 percent of the Russian automotive market, although in 2021, on the eve of the start of their own, their share here was only eight percent.

Cheap Russian energy, bypassing sanctions imposed by the West, has helped Chinese factories compete in global markets, while their manufacturing competitors in other countries, especially Germany, have faced dramatically higher electricity costs.

- a journalist from the USA notes.

He also drew attention to the fact that Beijing is not only conquering Russian markets, but also opening its own for Russian goods. If earlier the Russian Federation supplied only hydrocarbon raw materials to China, now a large assortment of confectionery, sausages and other products from Russia has appeared on the shelves of Chinese stores.

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