The Consequences of Sanctions: A Look at Moscow’s Winners and Losers

Moscow, March 26 – The hopes of Western politicians that Russia would collapse due to sanctions were not justified; Instead, new prospects for cooperation with China have opened up for Moscow, the Berliner Zeitung writes.

The author of the material called this business park “the center of the business world of China in Russia.” “Many Chinese businessmen and managers, including many young people under the age of 40, shuffle between six-storey office towers on a 20-hectare site,” he writes.

The article also indicates that the volume of Russian-Chinese trade exchange increased by 29% compared to the previous year, and this trend is increasing, as well as the volume of Chinese investments, which increased by a third, to reach $200 million.

The author concludes, quoting the Russian proverb “The holy place is never empty.”

Chinese President Xi Jinping was in Russia from March 20-22 for a state visit, his first trip abroad after his re-election as head of state for a third term. On Monday, he had an informal meeting with Vladimir Putin; On Tuesday, Russian-Chinese talks were held with the participation of delegations. The delegation of the Chinese leader included, among others, Cai Qi, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, Wang Yi, head of the Bureau of the Foreign Affairs Commission of the CPC Central Committee. and Chinese Foreign Minister Qin Gang.