China has slashed its purchases of Russian oil, signaling a massive shift in the economic partnership that has helped fuel Vladimir Putin’s war in Ukraine. The decision, driven by concerns over U.S. sanctions and the threat of secondary tariffs, could cost Russia billions each month. In March 2025, Chinese state-owned companies like Sinopec and Zhenhua halted Russian oil imports entirely, while others drastically scaled back—posing a serious threat to Russia’s $108 billion oil industry, which relied on China for 47% of crude exports in 2024.
This move could cripple the Russian economy, which is already straining under more than 24,000 sanctions and hemorrhaging reserves while spending up to $1 billion daily on the Ukraine invasion. Xi Jinping’s strategic distancing is a calculated shift to preserve China’s U.S. trade relationship, which generated $438.9 billion in 2024. As bipartisan legislation in the U.S. proposes 500% tariffs on Russian oil trade partners, Xi appears to be abandoning Putin to protect China’s own economic future. Is this the beginning of the end of the China-Russia alliance?
#1: Prefrontal Vortex To: BTP Holdings (#0)
Prefrontal Vortex posted on 2025-04-07 23:03:01 Reply Private Reply
#2: BTP Holdings To: Prefrontal Vortex (#1)
During the Serbia-Kosovo War in the 90s, the U.S. bombed and dropped all the bridges over the Danube River thus stopping the flow of cheap Russian oil to French and German refineries. And that is not rubbish, it is established fact.
They figured it would take ten years to fish all the bridges out of the river. ;)
BTP Holdings posted on 2025-04-20 16:25:02 Reply Private Reply
#3: ghostrider To: BTP Holdings (#2)
ghostrider posted on 2025-04-20 18:08:09 Reply Private Reply
#4: titorite To: BTP Holdings (#0)
titorite posted on 2025-04-21 13:08:15 Reply Private Reply