On the topic of GDP growth, Russia's on target to enjoy modest growth this year, only 2% or thereabouts, but even that conclusively demonstrates that the Western sanctions have been a complete and total bust. Apparently even the Russians have been amazed.
“Russia has implemented all the regulations that were recommended by the Washington financial institutions and the European Economic Commission. Here is the result: China grew 5 times in terms of GDP, and we grew together with the core of the outgoing world economic structure, at the same pace as the United States and the European Union. We have slid down from the center of the world economy to the raw material periphery,” said Sergei Glazyev, Academician of the Russian Academy of Sciences, speaking this week at the MEF. A separate session at the Moscow Economic Forum this year was devoted to the Chinese economic miracle. About whether the Russian Federation has enough population to adopt the Chinese experience, and why the PRC economy grew the fastest of all - in the material "BUSINESS Online".
On the topic of GDP growth, Russia's on target to enjoy modest growth this year, only 2% or thereabouts, but even that conclusively demonstrates that the Western sanctions have been a complete and total bust. Apparently even the Russians have been amazed.
Auto-translated, but the gist is clear:
“Russia has implemented all the regulations that were recommended by the Washington financial institutions and the European Economic Commission. Here is the result: China grew 5 times in terms of GDP, and we grew together with the core of the outgoing world economic structure, at the same pace as the United States and the European Union. We have slid down from the center of the world economy to the raw material periphery,” said Sergei Glazyev, Academician of the Russian Academy of Sciences, speaking this week at the MEF. A separate session at the Moscow Economic Forum this year was devoted to the Chinese economic miracle. About whether the Russian Federation has enough population to adopt the Chinese experience, and why the PRC economy grew the fastest of all - in the material "BUSINESS Online".
https://www.business-gazeta.ru/article/589659