Putin's Fight Against Imperialism is China's Fight Too

A variety of actions taken by China are indicative of their taking Russia’s side against the US and the EU, first of which is when China abstained from voting against Russia in the UN, refusing to side with the US and the West.

Now we see China actively going after the Ukraine in calling in a $3 billion loan for future grain delivery, a claim the present illegal government of Ukraine is denying responsibility for.

Via ZeroHedge:

In 2012, The State Food and Grain Corporation and the Export-Import Bank of China agreed to provide Ukrainian corporation loan of $ 3 billion, which was planned to be on the spot and forward purchases of grain for future delivery to China.

Minister of Agrarian Policy and Food of Ukraine Igor Schweich confirmed that China has filed a lawsuit against Ukraine in a London court for the return of a loan of $3 billion.

While the US and the EU continue to insist that sanctions against Russia are “isolating” Russia, it appears those words are just that, words, hot air, rhetoric as battle lines are drawn and countries are stepping over them to take sides.

China has also been buying up gold at an unbelievable rate, bypassing the US dollar in transactions, and dumping US treasuries, all actions that show which side of the war they stand on and who they will support if things escalate further.

No comments:

Post a Comment

If you sit by a river long enough, you'll see the body of your enemy float by.
Old Japanese proverb