BlackRock's CEO says China is the biggest supporter of Russia's economy amid the Ukraine war

MicroWave@lemmy.world to World News@lemmy.world – 104 points – BlackRock's CEO says China is the biggest supporter of Russia's economy amid the Ukraine war
businessinsider.com

China is Russia's biggest war backer, BlackRock chairman and CEO Larry Fink said on Tuesday.

Fink spoke at a panel at the Berlin Global Dialogue conference when he said that Western businesses need to re-evaluate their relationship with China.

"Russia's biggest supporter and fundamental supporter of the Russian economy is China. And that has to be at least discussed," Fink said.

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Maybe we shouldn't be letting investment bankers make/influence foreign policy. Their motives are clear and perhaps a bit out of touch.

Well America and the EU are probably Ukraine's biggest backers, economically and military aid wise. Thus we have a proxy war again and it is East vs West.

I am glad that it is a proxy war. Which is why it baffles me to no end why Europe doesn't support Ukraine more.