Posted on 05/13/2023 3:32:43 AM PDT by FarCenter
Russia is speeding up the construction of a corridor in its Far East region in a bid to export more grain to Inner Mongolia in Northeast China.
On Wednesday, the same day the Ukraine military said it had driven Russian infantry back from some positions around Bakhmut, the Kremlin said that it will boost its grain exports to China via the New Land Grain Corridor.
Russian President Vladimir Putin instructed the cabinet and the central bank to work out an intergovernmental agreement to boost grain exports to China by October 1, Russia’s national day, Russian news agency TASS reported.
Chinese state media said that, after tariffs, quotas and logistic problems are solved, China will import more wheat and barley from Russia and reduce its reliance on grain imported from western countries including Australia, the US, Canada and France.
Commentators said that, while Russia and China can work together to overcome western sanctions, at the same time the development will further push the decoupling of the global economy into United States-West and China-Russia spheres.
(Excerpt) Read more at asiatimes.com ...
Is there a food shortage in China?
Thanks to USA sanctions...Russia has a new trading partner who is willing to ....... the USA and the EU.
If the Chicoms don’t get enough food, they’ll be eating each other.
China has gone through a couple fairly recent famines without widespread cannibalism.
They now produce less than 65% of their own food, but that is mainly because they can afford to upgrade their diet with more meat, oils, etc. and less dependence on direct consumption of grains.
Biden’s sanctions have been a total failure….for the West. Senile Joe didn’t do his homework, Vlad is largely self- sufficient, they have much of what the West needs, oil, diesel, NG, fuels, commodities, grain, metals, strategic and exotic metals, ….the list is long.
Fact is Senile Joe destroyed world trade, and his sanctions boomeranged. Vlad fills his pockets while the West pays three/six times for needed commodities- and going further into unpayable debt.
Odd: We brought the Soviet Union down by bankrupting them, now Vlad’s war will bankrupt much of the EU and US.
Good job war cheerleaders.
Pretty clear now that Putin wants Ukraine to exploit its grain supplies.
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