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Russian car owners should keep an eye on Chinese domestic politics. And attentively. Since the near future will surely push Russia and China into each other’s arms. But
First on the official one: Chinese leader Xi Jinping was re-elected as president of the PRC for the third time. As I interrupt a long and drawn-out applause, which turns into an ovation, I note that all 2,952 delegates of the National People’s Congress have voted unanimously in favor of his candidacy. The mere fact that this gentleman has once again demonstrated his full power over 1.5 billion of the nearly 8 people living on planet earth is worthy of attention in itself.
And this is all the more important in view of the fact that China is now a bright spot for the Russian economy in general and for the domestic car market with the automotive industry in particular. Mr. Xi has successfully ruled China for the past 10 years. All these years, Russia and China have maintained quite friendly relations. Also in the economy. Apparently it goes on like this. Although adjusted for the general situation in the world related to Ukraine, when Chinese companies are threatened by US sanctions for cooperation with Russia. Because of them, Asians are afraid to fully supply our market with their high-tech products and other good things that we need.
However, after Xi is re-elected for another term, things are bound to change. The main thing here is that he was given carte blanche for a final purge in the leadership of the country and the Chinese Communist Party of the so-called clan of Komsomol members who rivaled him – old officials relatively loyal to the United States and the West in general. The completion of this “showdown” in China’s top leadership is great to free Xi Jinping’s hands in every way. With him in charge, China will now be as strong and united as ever in achieving its goals.
Also with regard to Russia. It is already known that the visit of the new old Chinese leader to our country is expected in the very near future – March 21. And his goal, of course, will not be just a ritual handshake with his Russian colleague Vladimir Putin. It will certainly not only be about Ukraine. This conflict only plays into the hands of the Chinese economy. Most likely, we will talk about the impending aggravation of the confrontation between China and the United States – both in the Taiwan issue and in the world economy.
And it seems that Comrade Xi of the Russian leadership, squeezed into the vice of the NMD, will demand many things that are useful to China – at the expense of “payment” for support from the PRC. For example, we will not be surprised if “after the results of fruitful bilateral negotiations” the Russian consumer market is handed over to the Chinese with guts, reducing customs duties on goods from the Middle Kingdom to a ridiculous level. In the automotive sector, this means a quick and painful death for the domestic auto industry. It will no longer be possible for him to lag behind, albeit not a particularly reliable, but still effective barrier of protective duties.
We will be inundated with cheap Chinese “everything your heart desires” – from nails and condoms to refrigerators and cars. Almost at domestic prices. And in return, businessmen from China will confiscate domestic natural resources. The monstrous conglomerate, based on endless supplies of cheap Russian raw materials and the most powerful Chinese industry, will turn into an invincible economic monster that no one in the world, including the United States, can compete with. That’s pretty much the “national pride of the Great Russians” that will have to be forgotten forever afterwards.
First on the official one: Chinese leader Xi Jinping was re-elected as president of the People’s Republic of China for the third time. As I interrupt a long and drawn-out applause, which turns into an ovation, I note that all 2,952 delegates of the National People’s Congress have voted unanimously in favor of his candidacy. The mere fact that this gentleman has once again demonstrated his full power over 1.5 billion of the nearly 8 people living on planet Earth is worthy of attention in itself.
And this is all the more important in view of the fact that China is now a bright spot for the Russian economy in general and for the domestic car market with the automotive industry in particular. Mr. Xi has successfully ruled China for the past 10 years. All these years, Russia and China have maintained quite friendly relations. Also in economics. Apparently it goes on like this. Although adjusted for the general situation in the world related to Ukraine, when Chinese companies are threatened by US sanctions for cooperation with Russia. Because of them, Asians are afraid to fully supply our market with their high-tech products and other good things that we need.
However, after Xi is re-elected for another term, things are bound to change. The main thing here is that he was given carte blanche for a final purge in the leadership of the country and the Chinese Communist Party of the so-called clan of Komsomol members who rivaled him – old officials relatively loyal to the United States and the West in general. The completion of this “showdown” in China’s top leadership is great to free Xi Jinping’s hands in every way. With him in charge, China will now be as strong and united as ever in achieving its goals.
Also with regard to Russia. It is already known that the visit of the new old Chinese leader to our country is expected in the very near future – March 21. And his goal, of course, will not be just a ritual handshake with his Russian colleague Vladimir Putin. It will certainly not only be about Ukraine. This conflict only plays into the hands of the Chinese economy. Most likely, we will talk about the impending aggravation of the confrontation between China and the United States – both in the Taiwan issue and in the world economy.
And it seems that Comrade Xi of the Russian leadership, squeezed into the vice of the NMD, will demand many things that are useful to China – at the expense of “payment” for support from the PRC. For example, we will not be surprised if “after the results of fruitful bilateral negotiations” the Russian consumer market is handed over to the Chinese with guts, reducing customs duties on goods from the Middle Kingdom to a ridiculous level. In the automotive sector, this means a quick and painful death for the domestic auto industry. It will no longer be possible for him to lag behind, albeit not a particularly reliable, but still effective barrier of protective duties.
We will be inundated with cheap Chinese “everything your heart desires” – from nails and condoms to refrigerators and cars. Almost at domestic prices. And in return, businessmen from China will confiscate domestic natural resources. The monstrous conglomerate, based on endless supplies of cheap Russian raw materials and the most powerful Chinese industry, will turn into an invincible economic monster that no one in the world, including the United States, can compete with. That’s pretty much the “national pride of the Great Russians” that will have to be forgotten forever afterwards.
Source: Avto Vzglyad
Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.
