JRL NEWSWATCH: “Booming Trade With China Helps Boost Russia’s War Effort” – WSJ
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“Chinese exports to its neighbor have risen sharply, as Beijing sends everything from microchips to trench-digging excavators.”
“China is playing an increasingly important role … propping up Russia’s economy and helping boost its war effort … [T]rade data show[s] Beijing providing a range of goods, including some with potential military applications such as microchips and trench-digging excavators.
China has become the principal source of many of the goods and components Russia’s sanctions-hit economy needs, while also giving Moscow a buyer for its oil and gas. … China’s total trade with Russia in the first seven months of this year jumped 36% from the same period a year earlier, to $134 billion, putting Moscow just behind Australia and Taiwan on the list of China’s biggest trading partners …. [A]utomobiles and electronics equipment ha[ve] been driving the deepening economic ties ….”