Comments by "Neodym" (@neodym5809) on "Why western companies are souring on doing business in China | DW News" video.

@pumalee1997 The US Dollar?
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@neverknowsbest2879 I follow the predictions of the Russian central bank, not some Russian official. Considering that Russia`s car sales dropped by 80%, and Russia is not even able anymore to build cars with airbags (not to mention modern military equipment like tanks or guided missiles), and the estimate that sanctions take 6 month to really be felt, I dispute your verdict.
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No, it is not. It is a necessity born out of no other options. If Russia hadnt invaded Ukraine and cut gas supply, this move would not have happened.
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@ionnanskilliorus6877 With labor costs becoming more irrelevant due to automation (as you rightly state), bringing back factories close to customers might be beneficial, to save transport costs.
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@myspace1876 It actually is. Without western imports, Russian industry, be it oil and gas, or even agriculture, falls apart? Why? Because Russia is using western equipment, and they depend on western parts for maintenance. Even Russian railroad can not operate without it.
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-10% GDP according to Russian central bank
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@myspace1876 Russia: predicted decline of the economy by 10% of its GDP. EU: predicted growth for its economy by 2.7% You tell me
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@neverknowsbest2879 why would China open factories in Russia when it can just sell its domestically produced cars to Russia without competitors?
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@neverknowsbest2879 would you mind sharing your source, and more importantly, the base of your percentage? Relative values are rather misleading without context? 50% growth to what? 2021? May 2022? 1845? Is the Russian economy in a better or worse situation compared to 24th feb 2022v
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@neverknowsbest2879 of course Russia lacks high tech components, as they fall under sanctions. Semiconductors are the main issue
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