Russia Ukraine war, page-181448

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    Russia's budget .........................37% of GDP
    Russia's SOEs............................30% of GDP
    Government direct control...........67% of GDP
    government debt before the war,,17% approx of GDP

    Essentially, Russia is a State Capitalist country
    in that its Government controls 2 thirds of its GDP

    China for example directly controls about a similar share of its GDP to that of Russia:
    35%% of GDP............SOEs
    33% of GDP.......... Budget
    Gov direct control 68% of GDP

    Both have I political party regimes.

    So from a pure economic perspective , both countries have more similarities than differences, IMO.

    So, for that reason, China will be closely monitoring the impact of western sanctions on Russia out of self interest, IMO.

    Re: Chinese economic "aid" to Russia:

    Will that be:
    -bonds
    -equity in SOEs
    -equity in resources
    -or a mix of all 3

 
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