Vladimir Putin is seeking Chinese factories. I want reindustrialization


Putin declared that Moscow is ready to provide “Comfortable conditions for the activities of Chinese companies in Russia“And he reminded that the export of mineral raw materials to China beats records. He mentioned that Russia is a leader in the export of crude oil to China, he ranks second in the supply of coal to China and the third on the list of suppliers of liquefied natural gas to this country.
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From February 2022, i.e. the full -size aggression of Russia to Ukraine, China has become the Kremlin's greatest trading partner, but, so far, refrained from implementing direct investments in Russia.
The statistics of the Russian Central Bank did not record a significant influx of capital from the so -called “friendly” countries – emphasized Moscow Times, adding that the total volume of foreign investment is systematically decreasing. Last year, it decreased by $ 63 billion, in 2023 – $ 80 billion, in 2022 – by $ 138 billion. According to the Central Bank, 57 percent have disappeared from the beginning of the invasion of Ukraine from the Russian economy. foreign investment, and their total size dropped to $ 216 billion, i.e. the lowest level since 2009.
Although Putin previously called on the business of “friendly” countries to invest in Russia, The authorities of the PRC have so far banned Chinese capital investment companies in the Russian oil and gas sector, refused to finance the Gas Pipeline project Siberia 2 and forbade car manufacturers to build factories in Russia. Despite many years of negotiations, the Russian government also failed to reach an agreement on the issue of public debt in Juany.
Read also: Putin announced the signing of an updated investment agreement with China
During the visit, which XI Jinping is currently submitting to Moscow, Putin intends to raise the issue of building a gas pipeline with him, “Moscow Times, citing the information of the Bloomberg agency. In her opinion, XI is ready to alleviate the demands: if it initially insisted on reducing the price of gas to the national Russian level, it is now ready to agree to the average price (between the price in Russia and prices on global markets). According to Bloomberg's sources, however, the contract is not expected to immediately sign.




