Putin Faces Elite Backlash Over China Policy, Economic Crisis Worsens

Vladimir Putin is facing significant backlash from Russian elites over his pro-China policies, which they believe undermine national interests and risk turning Russia into a 'raw material colony' for China. Since the invasion of Ukraine, trade between Russia and China has surged, with China benefiting from discounted Russian oil, raising concerns among Kremlin factions about their diminishing influence and financial security. As elite dissatisfaction grows, some are contemplating relocating their assets out of Russia, potentially worsening the nation's economic crisis. The Telegram Channel VChK-OGPU highlighted the stark economic reality, stating that profits from Russian resources largely benefit the Chinese economy while the Russian populace bears the burden of supporting military operations. This internal strife reflects broader anxieties about Russia's increasing subservience to China amidst ongoing geopolitical tensions. The situation underscores a critical juncture for Putin as he navigates the complex balance of power within his own government and foreign policy.