Thursday, December 29, 2016

Trump, Putin and the Chinese president walk into a bar

.... and get drunk like happy jolly fellows for New Year! Well that's not gonna happen so let's see what they might do instead.

With the end of the Obama disastrous administration in terms of foreign policy both Russia's Putin and China try to secure what they have gained (Crimeea, eastern Ukraine, Syria and respectively the South China sea exclusive zone and the artificial islands they built there). It's hard to imagine that Trump will be weaker than Obama so both countries prepare for rougher times ahead.

With the oil price rising Russia's economy is slowly recovering and Putin is less and less inclined to pay attention to the West economic sanctions. After all the Ukrainian story is getting old and these sanctions will have to be lifted eventually.

China on the other hand is again facing concerns their economic growth might slow down, that housing bubble will burst, that overall production or sales might diminish. Therefore she is flexing its muscles by sending its first aircraft carrier Liaoning to patrol the South China sea troubles area.

Until 2017 let's take a break and wish you Happy New Year!

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