China Has Russia Over a Barrel

☑︎#VoteDemocrat

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Putin FCUKED up invading Ukraine...He crossed the line...

Maybe he knows something we don't, but I don't see what he gained by increasing Ukraine's instability and making enemies in the West...

Now he can't go back, because he will look weak...So, he is stuck with a bad decision for the rest of hid presidency...

He either has to cop a plea, or continue falling deep into a hell hole...
the CIA gonna starve that orphan from the inside out :banderas:
 

jalamanta

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The contract is signed. $350 per barrel. :whew:
Can't wait till we annex next portion of Ukraine to make that puppet Obama declare about new sanctions which nobody gives a fukk about here. :whew:
 

NaiSim

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lol @ camel stans trying to deflect from jigga man getting less hespect from his in laws than rodney dangerfield, by mentioning nas in a russia related thread.

putin's ether still burning the imperialist cheerleaders though.
 

Jhoon

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If 400 billion dollars is a lost, then I want to keep losing. Before this alleged deal, their trade was only $9 billion.
 

88m3

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BREMMER: China Is The Big Winner Of The Ukraine Crisis

  • MAY 20, 2014, 2:35 PM
  • 5,223
  • 18


REUTERS/Carlos Barria

In China, Putin said that "Russia firmly places China at the top of its foreign trade partners."





Ukraine is in crisis amid Russian meddling, and Putin is looking East as the West threatens more sanctions.

The situation is good for China, which can benefit from Russia'sraw materials and Westerninaction.

Geopolitical expert Ian Bremmerof the Eurasia Group explained how Beijing is making the most of the climate.

"[China is] the big winner from the Ukraine crisis — everybody wants to work with them," Bremmer told Business Insider in an email. "I’d say not only are they ignoring U.S./E.U. sanctions, they’re actually taking advantage of them."

And strategically, China is in a position to make aggressive moves against the interests of nearby countries that are not strong U.S. allies — much like Russia is doing in Ukraine.

"The U.S. has a treaty that directly commits the Americans to defend Japan in the case of an attack; that’s not the case with Vietnam. The U.S. isn’t as directly committed (the recent U.S.-Philippines announcement of tighter military cooperation notwithstanding), and China sees that they can push more militarily against non-U.S. allies (as the Russians have in Ukraine, for example) without much pushback. "

Bremmer noted that while tensions in the South China Sea are deepening, the U.S. has had some success: President Obama's recent trip to Japan reaffirmed America's strong presence in the region at a time when relations between Beijing and Tokyo are becoming more functional.

Obama accomplished this by emphasizing American support for Tokyo and "diminishing the opportunity for China to drive a wedge between Japan and the U.S," Bremmer said. "That’s what Obama needed to accomplish in Japan. I’d say the effort has been successful."

Nevertheless, fundamental problems remain. America's indictment of five Chinese military hackers is the latest signal that relations may be contentious as events evolve in Ukraine and the South China Sea.

"The biggest structural problem between the U.S. and China is that the two countries are at war with each other over cyber," Bremmer told BI. "That’s ebbed greatly of late given the change in the Obama second term administration (away from the pivot) and the Snowden scandal making it harder for the U.S. to play offense on China publicly on cyber. But the confrontation is surely growing. And this is an indication."
 

Jhoon

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Is a 50% increase in trade is worth all these posts? Did Russia ask for payment in cash like they did the EU? People, let's remain calm here.
Vietnam is thinking about getting signed up, we know India is signing up, Japan, South Korea has worked out a payment plan. So two lovable losers have had sex, is it worth an entire movie?
 

88m3

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Russia, China Finally Ink Landmark Energy Deal
Moscow and Beijing concluded an energy pact that has been in the works for years. That's better news for China than for Russia.
Russia and China finally inked a huge energy deal Wednesday that will see Russia provide natural gas to the fast-growing market in China for the next 30 years. The agreement, coming just one day after a surprising and disappointing impasse cast a shadow on a much-touted visit by Russian president Vladimir Putin to Shanghai, caps a nearly two-decade odyssey in which both countries have sought to diversify their energy business.

The exact terms of the deal have not been made public, so it is hard to say exactly how much of a bargain China extracted from Russia, which is looking east for new export markets.

People close to the negotiations said that China had agreed to pay about $350 per thousand cubic meters, which is less than the roughly $380 per thousand cubic meters that Russia's Gazprom charges most customers in Europe. That would equate to around $10 per million British thermal units, roughly in line with the prices that Beijing sought during tough and protacted negotiations.

Gazprom, however, did not make public the pricing terms of the deal, which had been the sticking point since the two sides first began talking in the late 1990s and which as late as Tuesday remained contentious.

The deal calls for Russia to develop gas fields in eastern Siberia and ship 38 billion cubic meters of gas per year to the populous northeastern corner of China. Both sides could still apparently expand the deal to as much as 60 billion cubic meters of gas a year. The initial deal would supply about one-quarter of China's natural-gas demand today, but will only meet about 10 percent of China's gas demand in 2020, when the fields and pipelines are expected to be operational.

The Russia-China gas deal will give Moscow an alternative market for one of its main exports, and will help China meet part of its rapidly-growing demand for cleaner sources of energy. But it won't come at the expense of Russia's gas business with Europe. That's because the gas to supply China will come from different fields in Russia's Far East.

Still, in the next decade, it will give Russia a way to lessen its dependence on the slow-growing European gas market--and a way to take the sting out of future efforts by the West to use the energy weapon against Moscow.

As the Chinese market develops, it will offer Russia an alternative source of export revenues to complement its European business, which will make it more difficult for European countries to strike back at Moscow by reducing the amount of energy they buy. In the wake of Russia's annexation of the Crimean peninsula, the United States and the EU have sought to take advantage of Moscow's dependence on energy exports, which account for about half of Russia's federal revenue.

Russia, China Finally Ink Landmark Energy Deal

follow up article
 

newworldafro

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Russia And China Sign Gas Pipeline Megadeal - Business Insider

Russia And China Sign Gas Pipeline Megadeal

    • MAY 21, 2014, 5:40 AM
Russia's Gazprom and China's China National Petroleum Corp. (CNPC) have signed a historic 30-year contract to supply natural gas to China, according to Russia Today and confirmed by Bloomberg.


The total value of the contract is $400 billion, Gazprom CEO Aleksey Miller told RT, although the price in the document remains a "commercial secret." Negotiations have been ongoing for more than a decade.

The deal would send 38 billion cubic meters of natural gas to China each year, starting in 2018, with the potential to expand the annual capacity to 61 billion cubic meters.T

The gas will be sent through a new eastern pipeline linking the countries. Reuters reports that Russia will invest $55 billion in gas exploration and pipeline construction and Beijing will give roughly $20 billion to Moscow as part of the agreement.

China consumed about 170 billion cubic meters of natural gas in 2013 and set a target of up to 420 billion cubic meters a year by 2020.

Europe is Russia’s largest energy importer as it bought more than 160 billion cubic meters of natural gas in 2013, but tensions and sanctions over Putin's meddling in Ukraine have Russia looking elsewhere.

Consequently, the deal is huge for the Kremlin since natural gas represents nearly 60% of Russia's total exports. That said, the amount of gas is still only about a fifth of what Russia sends to Europe.

screen%20shot%202014-05-19%20at%206.37.59%20am.png

The new pipeline that will be built to send Russian gas to China.


Here's a look at the major gas pipelines between Russia and Europe:

map.jpeg



 

Domingo Halliburton

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I said this in the other thread. There is a much bigger correlation between our monetary expansion and running our huge trade deficits and the devaluing of the USD versus countries not using the USD in trade.
 
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