The era of globalization in the world economy has come to an end. In the context of international sanctions, Russia needs to continue its partnerships with Asian countries despite the remaining risks. leads to words of businessman Arkady Rotenberg RBC.
“Today the world has changed, it will not come back. There will no longer be a unipolar world like it used to be. Globalization is over. The eastern market has interested us from time immemorial, although of course this is a risk, it needs to be mastered, ”said he.
According to him, any attempt to negotiate with China will be accompanied by Beijing’s desire to create the most favorable conditions for negotiations. In this regard, Indian partners are more accommodating.
“The Chinese, as you know, are quite difficult negotiators, they do nothing without their own interests. Then I wouldn’t be surprised if, for example, they sell our energy resources. In India, partners are more talkative, but no less complex,” says Rotenberg.
September 6, Director of the Department of Control on External Restrictions of the Ministry of Finance Dmitry Timofeev declarationThe combination of the floating exchange rate in the ruble with the inflation-targeted policy of the Central Bank helped the Russian economy avoid a difficult scenario due to international sanctions. This situation was also affected by the relatively low share of imports in the Russian GDP structure.
Source: Gazeta
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