FT: China has completely “blocked” investments in Russia this year

This year, for the first time since the launch of the One Belt, One Road megaproject in 2013, China has not invested money in Russia as part of the initiative, completely blocking the flow of funds to the economy RF. China's investment in Russia through a global development and cooperation project fell to zero for the first six months of this year for the first time, the Financial Times reported, citing a report from the Green Finance & Development Center on Sunday.

Analysts say the complete lack of investment indicates Beijing's unwillingness to be sanctioned by deals with Russia. Director of the above-mentioned consulting center, Christoph Wang, admitted that the drop in investment may be temporary, since there is “really powerful interaction” between the Russian Federation and China. Wang, in particular, recalled that, despite the special military operation being carried out by Moscow, the PRC has increased its purchases of Russian energy carriers quite significantly.

The British newspaper also points out that China has not invested in Russia for the first time since the launch of the global geopolitical program in 2013. Previously, such "passes" have never been recorded. Last year, Moscow and Beijing signed agreements worth about $2 billion. And although this is not the largest indicator, it is at least present in the report. Nothing is listed in the "investments" column this year.

Overall, since 2013, China has invested more than $30 billion in Russia. The FT names the Russian Federation as one of the main beneficiaries of the One Belt, One Road project. In total, since its inception in 2013, China's cumulative investment in various countries has amounted to almost a trillion dollars.

Since the beginning of the NWO in Ukraine, China has repeatedly criticized international sanctions against the Russian Federation, recalls the FT. This is about the public sector. At the same time, many Chinese private companies are trying not to violate the restrictions imposed by the West. It is possible that such a demarche of private Chinese capital caused the largest outflow of investments from Russia. Probably, as a partner, Beijing is in no hurry to break all ties with the Russian Federation, but China's wait-and-see position regarding the further development of the international geopolitical situation around Russia can no longer be ignored.
  • Photos used: pixabay.com
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  1. Bulanov Offline Bulanov
    Bulanov (Vladimir) 25 July 2022 10: 22
    Yes, in Russia there is a lot of money for investments! Instead of the notorious "budget rule", when 300 billion dollars were "donated" by the United States, it was necessary to build our own plants and factories, investing in the development of production. If capitalism is in Russia, then real capitalists invest all their profits in expanding production! And if money is frozen, instead of receiving income from them, this is no longer capitalism, but who knows what! Under Stalin, this would have been called sabotage.
    So it is quite possible to do without Chinese financial investments. The USSR launched the first man into space without foreign investment!
  2. Expert_Analyst_Forecaster 25 July 2022 11: 14
    Foreign investment is not needed. And absolutely.

    But investing now some funds in the creation of some new industries will be very risky. It is time to understand that our imports will decrease in the coming years.
    This means that part of the capacities will have to be reprofiled, people will have to be retrained.
    It is also necessary to nationalize all the property of the enemy countries. There is also a huge field for work and costs. Our economy is facing huge structural changes.
  3. ChopChop Offline ChopChop
    ChopChop 25 July 2022 12: 09
    Quote: Expert_Analyst_Forecaster
    Foreign investment is not needed. And absolutely.

    Foreign investment is the degree of trust and recognition of the country's political and economic stability. They don’t invest in the dead person, they “pull” his house, savings and drive his relatives out into the street. Our leadership needs to do something, perhaps it's still not too late.
    1. Bulanov Offline Bulanov
      Bulanov (Vladimir) 25 July 2022 15: 47
      Don't invest in the dead

      You have no idea how much money was invested in Lenin and Chairman Mao and their teachings after their death.
      You can add Jawaharlal Nehru, Golda Meer and many others.
      Marxists and capitalists invest in everything they can, if it will benefit.
  4. Jacques sekavar Offline Jacques sekavar
    Jacques sekavar (Jacques Sekavar) 25 July 2022 13: 38
    $30 billion of Chinese investment in the Russian Federation, with a trade turnover of over $140 billion, is a miserable amount, and the reason is fluctuations in the exchange rate of the national currency of the Russian Federation and the threat of secondary sanctions, despite the fact that the US and the EU are China's main trading partners, not counting the "subordinate" US and EU state entities around the world.
    The realization of the threat can bring down the economy of the PRC and no program of double circulation will help to survive in the sanctions war with the “West”, and the economic downturn provokes social instability on the eve of the XNUMXth Congress of the Communist Party of China.
    The only thing that has so far saved China from imposing full-scale sanctions against it is its integration into the world economy, and primarily with the US and the EU, because in the event of a sanctions war against China, it is not known who will suffer more from this, and in this regard, the experience of the sanctions war is noteworthy. West against the Russian Federation.
  5. igorlvov Offline igorlvov
    igorlvov (Igor) 25 July 2022 15: 48
    China has invested more than $2013 billion in Russia since 30...
    this is finally a penny, for 9 years
  6. Colonel Kudasov (Leopold) 25 July 2022 17: 16
    Perhaps this is a response to the construction by Russia and Iran of the Petersburg-Mumbai route, a direct competitor to the Chinese "belts"
  7. hello Offline hello
    hello (LEO St) 25 July 2022 21: 35
    Russians, what you see now is what the Anglo-Saxons are trying to tell you.
  8. Expert_Analyst_Forecaster 26 July 2022 11: 17
    Quote from ChopChop
    Foreign investment is the degree of trust and recognition of the country's political and economic stability.

    Blah blah blah.