Putin is in China to ask, if Xi could help a fellow dictator in need. Before anyone gets too scared about that, you should know that China’s national debt is skyrocketing, and their economy is in chaos because of a financial crisis which started in their construction sector.
China would like to turn Russia into a vassal state, but there is no way, Xi is sending weapons to the frontlines in Ukraine and risking sanctions from the west at a point in time, where China’s economy is this challenged.
@randahl
Some 🫏🕳️ who calls himself Bridge insists we should abandon #Ukraine because #Taiwan (Bridge Also has Shiba Inu's living in his walls but that's another story).
Meanwhile in Taiwan...
@randahl China's national debt is <80% of GDP, so they still could join the Eurozone without cheating (which even Germany did). US national debt is >$30 Trillions, 130% of GDP, a point that was projected to be reached 2030 five years ago.
And China doesn't have inflation, so they don't pay interest rates for that debt (current inflation rate is -0.03%).
They DID privatize a lot of the losses from real estate speculation, as it should be done. We socialize losses, and privatize profits.
@randahl
And in addition to it, I believe they haven't even reached any significant agreements — except for the "Land of Big Cats", that one is really important! 😹
Domestically the propaganda in Russia will find find ways to spin Putin's visit as groundbreaking, but internationally it undeniably looks as if he's there to take a knee and lick the Chinese boot, not the meeting of equals — far from it!