Deng Xia Peng gave Putin the answer. Bargain Basement Prices. After Tianamen Square, the Chinese economy collapsed (take your pick: sanctions or real estate bubble burst). The recovery was undoubtedly the bargain basement prices to set up factories in China including no environmental fees and low labour (including low skilled labour) prices. Japan was the first to crack, investing in China right after Tianamen Square sanctions. Europe followed soon after. The last to crack was the US.
In contrast, Russia's economy has not collapsed, you have two European countries ready to buy Russian gas (Slovakia and Hungary), and Trump first to lift sanctions. The Russians have yet to offer bargain basement prices. Putin is in a lot better position than Deng was after Tianamen Square.
The Ukrainians, like the Chinese, come a distant second to bargain basement prices.
In contrast, Russia's economy has not collapsed, you have two European countries ready to buy Russian gas (Slovakia and Hungary), and Trump first to lift sanctions. The Russians have yet to offer bargain basement prices. Putin is in a lot better position than Deng was after Tianamen Square.
The Ukrainians, like the Chinese, come a distant second to bargain basement prices.
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