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“China Seeks ‘fish in troubled waters’ from Expanding Trade with Russia"

2022-03-22 | China

 

The topic this time is “China and the United States amid the Ukraine Crisis.”
I would like tentatively to share the contents of the article of Money Post Web dated March 16, with the title “China Seeks ‘fish in troubled waters’ from Expanding Trade with Russia".

The invasion of Ukraine by Russia has triggered the implementation of various economic sanctions imposed on Russia by Western countries.

While Russia's economy is suffering, the West is also in a situation where the pain associated with the sanctions could be felt.

In such a situation, China is vigilantly seeking to gain “fish in troubled waters” .

Stock markets in many countries are also continuing to be weak, but one of the stocks that is soaring amidst this environment is the Chinese stock Jinzhou Port (Shanghai A-share, 600190).

On February 24, it closed 1.41% higher at 2.87 yuan.

From the following day February 25 through March 4, the stock marked the limit high for six consecutive business days.

Why the sharp rise?

https://youtu.be/C8rAdrlOeWg



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