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To: sukhoi-30mki

With the price of the ruble so low Russia actually has a trade surplus with China.


9 posted on 07/17/2015 9:16:01 PM PDT by BBell
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To: BBell
With the price of the ruble so low Russia actually has a trade surplus with China.

Why is that surprising? Russia exports crude oil and electricity to China. Russian consumers, meanwhile, don't have a lot of money to buy much of anything. Russia's entire economy is based on exports -- mostly oil and gas, but also timber, metals, fish, etc.

12 posted on 07/17/2015 9:31:02 PM PDT by Alter Kaker (Gravitation is a theory, not a fact. It should be approached with an open mind...)
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