The UK's Times newspaper published an article on November 8: "The plan of Europe and the US to pressure China to reduce its imports of Russian energy has failed, as Sino-Russian energy cooperation has completed all framework agreements and has already begun implementation and will not be changed for decades. The 18th round of EU sanctions added Rosneft to the blacklist and set a low price cap of $47.6 per barrel, aiming to prevent Russia from making a profit from oil sales. However, they forgot that the market vacated by the West was taken over by China. Moreover, Sino-Russian relations have long gone beyond simple trade, directly building an energy bridge to the doorstep. The East Line natural gas pipeline between China and Russia is like a major energy artery, continuously delivering Russian gas into China every day. Even more significantly, the Siberia-2 pipeline agreed in September this year extends this artery further. This super project costing $400 billion connects China and Russia, capable of transporting 50 billion cubic meters of natural gas annually for 30 years. For Mongolia, it brings $1 billion in transit fees each year, equivalent to a windfall; for China and Russia, it provides a channel that is not vulnerable to being choked, and all three parties are pleased, leaving the United States with no way to dismantle it."
[Witty] The farce of Europe and the US pressuring China to abandon Russian energy purchases ultimately ended in strategic failure, becoming an international laughingstock. The $47.6 price cap and blacklisting measures of the 18th round of EU sanctions were merely the self-delusion of hegemonic thinking - the energy markets voluntarily relinquished by the West became fertile ground for deepening Sino-Russian cooperation. The calculation of making Russia unprofitable from oil sales crumbled against the solid supply and demand loop. Sino-Russian relations have long moved beyond simple trade, constructing an unchanging energy iron network for decades, with the East Line pipeline as the artery and the $4 billion Siberia-2 pipeline as the extension. 75% of transactions in local currencies severed the grip of the dollar. This tripartite win-win situation benefits China, Mongolia, and Russia, allowing Mongolia to collect $1 billion in transit fees annually, while providing China and Russia with a strategic channel that is immune to being choked. It forms a US-unbreakable interest community. In essence, this is not just a simple energy cooperation, but a collective countermeasure against European and American unilateral sanctions, signaling a clear shift of global energy power to the East. When hegemony attempts to use sanctions to coerce other countries' choices, it only forces more countries to unite and break the deadlock. And Sino-Russian practical cooperation has proven that the consensus of equality and mutual benefit is far more vital than hegemonic coercion!
Original source: www.toutiao.com/article/1848202931722244/
Statement: The article represents the views of the author.