Showing posts with label brands. Show all posts
Showing posts with label brands. Show all posts

Russia Economy under economic invasion of China 2022

 Russia's economy after military invasion of Ukraine faced big challenges. Global response to the war crimes in Ukraine was heavy sanctions that paralyzed Russia's economy.

This lead to the heavy capital flight, exit of entrepreneurs and big brands. Kremlin's policy for controlling the social dissatisfaction and internal political pressure was using internet censorship, ordered economy and replacing Qualified brands with Chinese brands.

Putin's policy for controlling this condition was an economic ally with China as an economic partner of Communism block. They start a new financial system to help replacing a new shared Currency and helping money and banking system works better. 

Economists recognize this political economical movement as a China economic invasion of Russia. The thing that will make all resources under danger of Chinese investors. In long term this economic relationship will make Russia more poor and less technological. The Chinese technology with dumping will destroy Russia's technological sectors and this will lead to the a big challenge for Russia's children and future.