This year, China lent Russia $50 billion. Most of those loan would be returned in crude oil, grain, sunflower oil, etc.
When those two leaders, Russia and China met, one of those things they talked about was how to manage those unlawfully outflowed overseas capital.
President Xi complained that he didn’t know how to deal with the rich who are embezzling money overseas… Putin answered with a smile…
When we invade Ukraine… the West stop all the money embezzlement anyway… It was a joke.
In fact, it is known that Russia’s domestic economy has improved significantly since the war.
This war still continues, and nearly 200,000 soldiers were killed, and over 400,000 people were injured, causing a great disaster… However, the unemployment rate of Russia has remained at an all-time low of 2.4% since the war, and the real wage increase rate in August was 8.8%.
The economic situation is actually improving because the rich and large companies are unable to embezzle money overseas, and are focusing on domestic demand in Russia.
It is true that the national damage caused by the war is impossible to count, but the ironic phenomenon is that the chronic problems of the Russian economy are being fixed due to economic…
