Why Putin wanted peace: China lost hundreds of billions of war in Ukraine (graphics)
To the fact that "grandfather is crazy", they were used to all, and in vain. The acute change of Putin's behavior at the reception of his Chinese owner is not only logical and is explained by the numbers, but also the only possible. The fact is that the PRC feels the gradual decline of its own exports (see schedule). It is officially considered that this is due to a high level of global inflation, which is 75% possible due to war in Ukraine (sanctioning logistics, raising food prices, etc. ).
But there is also a factor that is not mentioned - it is an increase in the costs of developed countries in the world. The arms race redistributes a considerable part of the money, and with all respect for the economic potential of the PRC, in the field of military-industrial complex they are far from the first city. Therefore, not only inflation, but also sectoral redistribution of global demand is not in favor of KRN. And all this is due to the "Comrade Putin" . . .
And the loss of China from war in Ukraine is significant. Let's look at the exchange structure of the PRC by countries (see table). Trade recipient # 1 exports from the PRC - the European Union: EU countries in 2022 were exported from the PRC by about $ 980 billion (856. 3 billion euros). The second partner is the United States with $ 583 billion, then Japan is 173 billion no less interesting and Hong Kong (298 billion), which is an intermediary country.
Against the background of these wolfs, the Russian Federation with its 76 billion, dollars of exports and dependence on the desire to buy or not in the Russian Federation oil and gas, looks very sluggish. The PRC economy has lost a good hundred billion USD in Ukraine, and the People's Bank of the People's China is systematically forced to engage in liquidity injections into the national market to restrain the credit crisis.
Therefore, the power of the PRC has all the reasons to be very dissatisfied with Putin's behavior, as the influx of cheap Russian oil and gas for them is not adequate to compensate for the losses they have already suffered.
A rogue club, such as the Russian Federation, Iran, DPRK or Venezuela, are not able to compensate for the PRC losses from war in Ukraine, and the risks of a full -scale war in the Middle East would generally be upset by the Communist Party of China, as they are cut against the planned growth of China's GDP. 7% and increase the risks of economic crisis in the PRC. That is why Comrade Putin and prepared a stand for a speech, similar to a wreath at the funeral.