this post was submitted on 15 Jul 2024
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Western Companies Are Now Paying for Russia Sanctions (foreignpolicy.com)
submitted 2 months ago* (last edited 2 months ago) by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml
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[โ€“] CyberMonkey404@lemmy.ml 7 points 2 months ago (1 children)

Maybe they thought Russia was not that appealing of a market? There's what, 130 million people? Around the same as Vietnam. The interest was in natural resources, but the comprador government is gleefully selling them even now. Compared to the ginormous market of China and the rapidly growing markets in Southeast Asia, Russia really looks less appealing

[โ€“] yogthos@lemmygrad.ml 14 points 2 months ago

The logic of capitalism is to fill every niche. Russia has a big market, it's also a high income country where spending is a lot higher than in most Southeast Asian countries.