Posted on 03/08/2022 6:01:36 PM PST by RomanSoldier19
Beijing is in talks with state-owned enterprises "SOEs" regarding opportunities to scoop up Russian companies and assets, according to Bloomberg. The news comes on the back of European and US firms announcing exits from Russian holdings, including BP's (NYSE:BP) sale of Rosneft (OTCPK:RNFTF), Exxon's (NYSE:XOM) exit from Sakhalin, and Shell's (NYSE:SHEL) exit from a series of assets and joint ventures. China's foreign minister Wang Yi said earlier this week that China-Russia ties remain "rock solid." It was previously reported that Rosneft (OTCPK:RNFTF) was a likely bidder for BP's (BP) ~20% equity stake in the Russian producer.
(Excerpt) Read more at seekingalpha.com ...
China Joe is making Xi richer by the day.
Every decision this bunch of chowderheads make harms Americans.
Every single one.
L
“China pushing state-owned firms to buy Russian oil, gas metals assets...”
That means state-owned firms will buy Russian oil, gas, metals assets.
FIRE SALE!
The Chinese had access to all of these things from Russia for all of that time before the Ukrainian situation started. And it still did not keep them from the serious economic and financial trouble they likely suffer from and that we still do not know the fullest extent of what the pandemic did to their population and country as a whole.
Now we know the real reason Xi asked Putin to delay the invasion by 2 weeks into the beginning of Ukrainian mud season. And it wasn’t the Olympics.
Biden’s policies are driving Russia further and further into the deadly embrace of China.
As long as “made in China” keeps showing up on store shelves and Amazon vans, they’ll be ok.
China actually makes stuff consumers in the global economy need. It gives them great leverage.
People are always talking trash about “cheap Chinese crap” which shows their arrogance and ignorance of the manufacturing sector.
They assume with zero experience or knowledge that they could out produce the Chinese just because they’re Americans. If you wanted to see bad products, have the US workforce of the last 40 years try to do what China does. It would be laughable.
“Biden’s policies are driving Russia further and further into the deadly embrace of China.”
The country with the most natural resources hooking up with the manufacturing powerhouse called China.
They don’t have a chance against the “wokester economies.”(Sarcasm)
Idiotic, Paleolithic, Bush Freepers hardest hit.
I hope the Bush Crime Family Neocons die of catastrophic dysentery.
Well if China’s buying I’m sure corporate America isn’t too far behind. These sanctions aren’t going to last.
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