Isn’t the bigger news that Indonesia is doing the same? I would say that this is a coordinated efford by China and those are only the first countries.
So… If the Rubble loses much of its value, then the Russia won’t be able to pay these back at all?
China will ask for land, resource exploitation rights, open market to sell its stuff. The usual.
And when Russia says no China will just take Mongolia and Siberia with all the natural resources they contain.
Russia will scream and rant but they are so weakened by Ukraine that’s all they can do.
Or throw a nuke
Not much Russia can do. Much of the material and parts they need to fight come from China. If Russia gets uppity, China cuts supply and Ukraine will certainly use that opportunity.
China can just forgive these. It has sufficient slack and willpower to manipulate its monetary supply and exchange rates
That is, if China owns them. You can also buy them to hedge against a falling Dollar.
