New shock in Russia: State Duma opposes Putin: “Russia is driven into dependence on China”

[Starmix]

According to the report, Russian state television has aired outspoken criticism of the Kremlin's "pivot to the East," which it portrays as a strategic success. On the talk show "Evening with Vladimir Solovyov," State Duma Deputy Alexander Babakov stated that Russia's pro-Chinese economic stance has made it vulnerable and dependent. According to Babakov, Chinese investors receive preferential terms in Russia, while domestic businesses face loans with exorbitant interest rates. " A foreign investor from China comes and invests in a sausage production plant.

The report also stated that the plant is owned by the Chinese, so the profits and dividends go to China, and Russia is responsible for the return on their investment, the indignant deputy declared. Such schemes effectively deprive Russia of economic independence, because income goes abroad, and the benefits for the state are minimal. " And then some Ivanov comes to the government and says, 'Listen, why such a long road? Let me build a sausage factory .' And they tell him, 'Only at 21%. And you can say thank you. We can give it at 25%.' And in the end, the factory won't exist

In addition, Russian deputies said that this practice is discriminatory against Russian entrepreneurs and questioned the very logic of the Kremlin's investment policy and questioned the Russian diplomats if that is the Russian policy. It said that they do their own discriminate against their own investors. The deputy protested. Solovyov's unexpected statement on air surprised even the regulars of the propaganda show. Direct criticism of the pro-Chinese policy, Chinese companies are receiving Russian resources, infrastructure, and cheap loans, while Russian businesses are suffocating under the weight of interest rates and restrictions.

 

[gwolf666]

From my perspective, the situation they describe reflects a very serious problem for Russia in terms of economic sovereignty. The excessive dependence on Chinese investment and the way this primarily benefits foreign companies rather than strengthening local businesses is worrying. The criticism made by Deputy Babakov and others in the report shows how current policy may be weakening the national economy and leaving Russian entrepreneurs at a disadvantage, with high interest rates and few opportunities for growth. It is clear that, in practice, the Kremlin's economic decisions seem to favor external interests at the expense of its own, creating a scenario in which Russia is losing control over its resources and its economy. This internal discontent, even in controlled media, reveals significant dissatisfaction and the need to rethink priorities to strengthen the country's independence.

 

[Starmix]

That could possibly happen, Putin to seek help to President Xi. They are of the same boat, communists.