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Russia Will Open Its Door To China

2015/1/2 13:13:00 13

RussiaChinaForeign Trade

December 2014

Rouble

The collapse is a crisis for Russia, but on the whole, China will surely outweigh its disadvantages and will give birth to new opportunities for China's all-round investment in Russia.

Because Russia's asset prices are undervalued, especially in Russia, and there will be no financing from the West within the foreseeable future, some areas that the Russian government has originally banned or restricted may be open to the outside world.

In an open country ranking, as a friendly neighbor of Russia, China's chances should be even greater.

After I returned to China in early December, including the previous time, I had a lot of people who were above the counselor level in the diplomatic departments of Russia and China.

Communicate

Both Chinese and Russian leaders believe that in the next 3-5 years or even longer periods of time, cooperation between China and Russia will not only stay in the political heat, but will also carry out substantive cooperation in specific projects in the economic field.

For example, in the past 6 months, Sino Russian energy projects

cooperation

More than fifteen years ago, people in the energy field think this is amazing.

Because the big background has changed, the West has closed the door to Russia. Because of the rapid development of China's economy, China has become the only choice of Russia's foreign cooperation countries.

The Russian polls' friendly degree to China also increased almost 4 times in 2014.

No matter what the government or the people of Russia agree with the Chinese side, especially some substantive help.

The results of this poll will provide very important support for future investment between Russia and China, especially Chinese entrepreneurs.

Russia has experienced several economic crises since the disintegration of the Soviet Union in 1991. Almost all the crises have been experienced at the scene. In 1993, the rouble has been replaced, and the old rubles of 1000 have been converted to 1 new rubles. At that time, I just arrived in Russia. The intuitive feeling is that the people have little money. Even with a little money, the supply is scarce. The purchase of basic necessities such as meat, poultry, eggs and milk must be lined up. Everyone is pessimistic and missed the life of the former Soviet Union.

The ruble fell in 1998. In August 17th, 1 US dollars exchanged for 5 rubles. In less than a week, the market price could be changed to 27 rubles at 1 US dollars. In less than a month, the business that I started two years ago ended in bankruptcy.

I bought 12 dollars from the domestic manufacturers of travel shoes, excluding all kinds of pport clearance sales and other expenses, coupled with the urgent need to pay warehousing costs, and finally only 1 dollars in sales to barely clearance.

The Russian economic crisis in 2004 was the internal crisis of Russian industry, the decline of industrial capacity and the precarious agricultural production.

The government's crisis management level is general, but there has been no derogatory situation.

For me, it is an opportunity and also seize this opportunity. From the original small and medium-sized enterprises, which are mainly educated and catering, they have gradually developed into three groups: investment, trade and education.

Especially in terms of investment, investment in real estate, port construction and other fields has been very successful.

In 2008, the international financial crisis, although the US dollar rouble exchange rate was depreciated from 1:23.5 to around 1:29 in the past six months, a large number of capital fled.

However, the Russian government dealt with the crisis well. First of all, the government actively rescues the market, gives financial support to private banks, and purchases the undervalued large state-owned enterprises stock with the government budget. Second, it directly supports the economic entities, gives the government subsidies to 1500 large enterprises, and helps enterprises overcome the difficulties. Thirdly, it actively inves and inves investment, but the areas attracting foreign investment are mainly in oil and gas resources.

This crisis is basically not affected by my business, because the trade part has taken offshore receipts and payments before it is safe.

This December Russian Ruble depreciation is quite different from the previous crisis: this time mainly comes from external shocks. The oil price decline and Western sanctions are two main reasons. The government of Russian Federation has strong national strength at this time. The data released earlier this year show that Russia's foreign capital reserves amount to about 555 billion dollars. In the past half year, it spent about about 100000000000 US dollars to maintain monetary stability, but it is still not the same as the previous crisis. The federal government has 50 billion dollars of sovereign wealth funds, mainly from energy exports. The most important point is that the Russian people are very supportive of Putin. Last month's poll showed that Putin's support rate reached 86%.

Many comments on the observer network also talked about this.


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