Thursday, April 14 2022 17:40
Marianna Mkrtchyan

Russian expert: If Chinese investments came to Armenia, Russia would  have nothing against it

Russian expert: If Chinese investments came to Armenia, Russia would  have nothing against it

ArmInfo. China understands that in the event of a conditional defeat or failure of Russia, it will be next. On April 14, during the Yerevan-Moscow video bridge,  Russian political scientist, radio and TV Sergey Mikheev expressed a  similar opinion when asked to comment on Russian-Chinese interaction  in the context of the sanctions of the collective West.

"They are well aware that in which case they will be left face to face with the  collective West. No wonder the Americans created this AUKUS bloc,  directed precisely against China. No wonder the Americans imposed the  Chinese agenda at the last NATO summits. Previously, nothing was said  about China at all, but now they consider and even characterize its  actions as threatening," the political scientist stated, adding that,  in fact, Russia is China's only ally.

"Yes, China is a powerful state with 1.5 million armies, which they  are modernizing, but they have no allies at all, so this is extremely  important for them. And this link will not go anywhere," Mikheev  said.

At the same time, he urged not to overestimate and underestimate  relations between Russia and China.  "Will China ever fight for  Russia, I think that, of course, not. China will fight only for  itself and for no one else. This is both its strength and its  weakness, because China is also a little alone in this planet," the  expert noted, pointing out the importance of geopolitical interaction  between the two countries in the current realities.   As for Armenia and China, the expert admitted that he knows nothing  about the Armenian-Chinese relations. At the same time, he expressed  the opinion that there are probably those relations and China can  offer something. "Relatively speaking, if Chinese investments came to  Armenia, then I think that Russia would have nothing against it," he  said.  

According to the RA Statistical Committee, China holds the 2nd  place in Armenia's foreign trade turnover, holding the same place  both in export and import. Thus, the volume of foreign trade turnover  between Armenia and China in January-February 2022 exceeded $206.7  million, with a noticeable acceleration in y- o-y growth from 6.8% to  48.3%. In particular, the volume of exports of Armenian goods to  China slowed down the y-o-y growth from 3.4 -fold to 7.2%, amounting  to $58.5 million, while the volume of imports brought the trend out  of the 25.9% decline to 74.8% growth, amounting to $148.3 million It  should also be noted that the volume of foreign trade turnover  between Armenia and China in 2021 amounted to $1.3 billion, with a  noticeable acceleration in y-o-y growth from 2% to 30.7%. In  particular, the volume of exports of Armenian goods to China slowed  down the y-o-y growth from 49.7% to 35.7%, amounting to $393.2  million, while the volume of imports reversed the trend from a 10.3%  decline to a 28.6% growth, amounting to $867.1 million