this called practical and strategic partnership.
EU bankrupts only placed orders and took supplies, no money to pay and owes a huge fucking debts.
PRC pays cash.
EU bankrupts only placed orders and took supplies, no money to pay and owes a huge fucking debts.
PRC pays cash.
Russia is the loser end of this deal. They are getting much lesser price for their gas from China than from the EU, despite the longer pipelines needed to be constructed. The Chinks are taking advantage of the current desperate fund raising by Putin by pressing their bargaining prices even lower. Even the Russian gas company is contemplating for a listing on the SGX to raise funds. Oh, those poor Russians being taken for a ride by the Chinks now. History has proven that Commie countries can never collaborate for the long term as both have the same objective to take advantage of the other where possible.