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Warning: This video contains animations, infographics and other visual elements to enhance the narrative.
In this video, we analyze the effects of Russia's economy, which is getting worse due to the war in Ukraine, on China due to its close economic relations and the additional measures and warnings China has taken against the Russian economy.
How does the economic burden that Russia has taken due to the war in Ukraine affect China?
How long can China continue to carry the Russian economy on its back?
What measures is China taking to protect itself against Russia's deteriorating economy?
How could a weakened Russian economy trigger Chinese aggression?
What reactions have China shown in similar situations in bilateral relations throughout history?
What similarities exist between the historical situation and China’s current reactions to Russia?
The war between Ukraine and Russia is deeply affecting Kremlin leader Vladimir Putin's allies.
Even though Russia's national income has increased entirely due to military production, the ruble is experiencing the biggest collapse in history as inflation in the country hovers at hyper levels.
It is estimated that 1 US dollar is now worth about 100 rubles.
This is also taking a heavy toll on China, one of Russia's most important allies.
China's biggest companies are worried about the devaluation of the ruble and the weakening of Russia's economy.
At the moment China is totally dependent on imported oil and the free use of the world's oceans.
But Ukraine's bombing of Russian oil refineries and Putin's dwindling energy supplies are limiting China's imports of Russian natural energy.
We are in a time when Russia is importing oil even from Belarus.
Of course, this situation is critical for China.
And the Arctic is a vast area where China, together with Russia, is looking for reserves of natural gas, oil and other energy resources.
But the fact that Putin is pouring almost all of the country's national income into the war in Ukraine limits China's ability to explore for natural energy resources in the Arctic with Russia.
In other words, the war between Ukraine and Russia has had an incredible impact not only on Putin, but also on China, one of his allies.
We're going to take a deeper look at how this balance between Russia and China is shifting, and what measures Putin's war economy will push Xi to take in the coming days.