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To be fair- Russia's industrial capacity is not what it once was- and what remains, is geared towards something else entirely at the moment. China can provide the ploughs and tractors and infrastructure, wheat (and oil) is what Russia has the means to provide the world, currently.

Part of the whole "shock therapy" was specifically around destroying Russia's own indigenous means of producing these things (manufactured goods like tractors) and making it dependent on western industry instead.