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Re:Russian firms rush to open Chinese bank accounts by mercy_dude on Thursday March 03, 2022 @09:27AM (#30541418)
I wouldn’t say no rewards. For once, their (China) politicians are much more open to cooperation vs the clear hostility from western ones to the point where for last 4yrs ”Russia bad” has been the de facto slogan for most politicians in US. It removes uncertainty and most likely they will be the first one to be into the system and likely be the ones to drive innovations around it. All in all these sanctions are quite ineffective unless the goal is to completely decouple Russia which doesn’t seem possible especially since Europe is still buying their oil and gas in elevated prices.
Re:Russian firms rush to open Chinese bank accounts by jd115 on Thursday March 03, 2022 @10:59AM (#30542646)
Let's get something straight dude... Western politicians are not dumb for realising "Russia bad" over the past 4 yrs. They are dumb for NOT realising it 100 f'in years ago! Russia has been THE major exporter of evil in the world for over a century now and people are just now waking up, as if the entire RU shit-show over the past week has been utterly shocking and unexpected. Spare me.
Re:Russian firms rush to open Chinese bank accounts by yodon on Thursday March 03, 2022 @12:12PM (#30543681)
The Cold War, which was kind of a big deal, was 100% about Western citizens and politicians understanding and trying to counter the threat of Russia. Under Trump the US Republican Party pivoted from being the staunchly anti-Russian force it had been for more than 50 years to suddenly becoming an appallingly pro-Russian entity. As problematic as that shift was, it's extremely recent on the 100 year timescale you're discussing.
Re:Russian firms rush to open Chinese bank accounts by raverbashing on Thursday March 03, 2022 @09:48AM (#30541708)
> their (China) politicians are much more open to cooperation vs the clear hostility from western ones

It's one thing before you close the deal, another one after.

Let's see how cooperative they will be once this is their only choice