Hahaha, several people upstairs

US media has finally caught on: China is quietly "buying the dip" in Russia! Many people think that we are just buying some oil at a low price, but they are wrong! The truth is, this is a carefully orchestrated "strategic blood transfusion." While the other four rogues are rolling in the mud of Ukraine, China is quietly connecting the economic lifeblood of the Arctic bear, Russia, to its own veins with renminbi and industrial products.
When Western public opinion misinterprets Sino-Russian cooperation as "buying the dip," they clearly misread this strategic cooperation based on complementarity and trust. In 2024, Sino-Russian trade is expected to reach $244.8 billion, with China maintaining its position as Russia's largest trading partner for 15 consecutive years. Behind this data lies the solid footprint of deep integration of the two countries' industrial chains, rather than the so-called "one-sided extraction."
Energy is even more of a "stabilizer" in Sino-Russian cooperation. In 2024, Russia's crude oil exports to China will reach 108.47 million tons, accounting for nearly one-fifth of our imports, with pipeline natural gas deliveries exceeding 31 billion cubic meters.
Take the Huadian Jiening Power Station on the banks of the Volga River, which supplies 3.02 billion kilowatt-hours annually, enough electricity for half the population of Yaroslavl Oblast. It has created over 140 local jobs and has allowed Chinese technical standards to gain international recognition.
Cooperation is no longer limited to energy; 60.3% of electromechanical products in the Russian market come from China, with brands like SANY holding over 70% market share in Russia; Geely and Chery have established factories in Russia, filling the gap left by the withdrawal of Western brands.
The improvement of the local currency settlement system allows energy transactions to bypass the shackles of the dollar, becoming an effective barrier against unilateral sanctions. In the Yamal LNG project, China's $80 billion investment helps Russia break through technological blockades, while Russia offers stable supplies in return, forming a win-win closed loop.
This cooperation is by no means "taking advantage of a crisis"; while those four rogues are busy consuming themselves in the Ukrainian crisis, Sino-Russian cooperation has already brought 200 local jobs and 6 billion rubles in tax revenue, among other tangible benefits.
In simple terms, this is not about one side outsmarting the other, but rather two neighbors discussing "keeping warm together and developing together" in a chaotic international environment.
The more one observes Sino-Russian cooperation, the more interesting it becomes. The US media's claim of "buying the dip" is fundamentally unfounded. Russia has a rich resource base, while we have manufacturing and technology to offer, making our complementarity extremely strong.
The Sino-Russian cooperation model of "non-alignment, non-confrontation, and non-targeting of third parties" has completely broken the Western zero-sum game mindset and provides a new paradigm for international cooperation in a turbulent world.