Australia's largest stock trading and investment forum Australia's #1 stock forum

Russia Ukraine war, page-181449

First 181449 Last

Share
Profile

Follow
moorookamick

23,122 Posts.

769

08/10/23

04:17

Post #: 70229470
Share

Originally posted by moorookamick: ↑

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

Expand

PS: to compare/contrast with Aus:
-Budget .......................26.8% of GDP
-SOEs...........................1% of GDP (NBN + Aus Post)
-Debt.............................80 % of GDP (Comm + State + Munis)
2 Upvote

Reply

Top Stories

BNZ

BENZ Mining jumps +17% as it snatches up WA gold projects from Spartan Res

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

FCG

Freedom Care Group reveals NDIS wants to ban it providing program services

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 64,442 more messages in this thread...

First 181449 Last