Cseh China News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Plus, they can now go to cseh china. >> that's correct. oil and gas is important in their economy, it's about 10% of their economy. ours is like 1%. still, it is only 10%. they have an economy. they're major exporters of other commodities that boomed in this market and is more valuable. >> what has putin done to turn this around? >> he's just done really tight fiscal management. for example, they put import tariffs on a bunch of stuff, including things like european cheese when they got into a trade war with europe. so he's basically said to the russian consumers, you're going to have to get b...

Billion defense budget, which is roughly, i think, the size of india's. it is also true that they have about 1.4 million men and women in their armed services, roughly the same as we do. they obviously don't pay those people very much. but they've done a lot with not a lot of rubles. >> let's talk about how things are different than they would have been 10, 15 years ago. the fact, i think, he's made a brilliant strategic move in leaning so hard into his relationship with china. when we're talking to other countries, we're saying, well, you must do a, b, c, or d, or we're not dealing with you. ...