Daragh McDowell

Daragh McDowell has been quoted in 3 different articles. Most recently, Daragh McDowell has been quoted saying, “Contemporary Russia and China have a fairly positive relationship, but there's little in the way of underlying 'soft power' attraction holding it together – it's all about getting the best deal that suits each other's interest. As one Chinese businesswoman put it at a conference in Russia recently 'We know that you like our money but you don't really like us,'” in an article called Russia's 'pivot east' has more political substance than economic. This is only one of 5 quotes from Daragh McDowell. To see more examples Daragh McDowell’s views and opinions, check out the section below. You can filter Daragh McDowell's quotes by date and by topic to see, for example, what Daragh McDowell said about Ukraine recently and in the past.

Daragh McDowell quotes

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While it's possible the Chinese Central Bank holds Russian eurobonds, in practical terms the amount is relatively trivial.

Contemporary Russia and China have a fairly positive relationship, but there's little in the way of underlying 'soft power' attraction holding it together – it's all about getting the best deal that suits each other's interest. As one Chinese businesswoman put it at a conference in Russia recently 'We know that you like our money but you don't really like us,'.

Moscow remains suspicious of foreign ownership in the Russian economy whatever its origin, which is a source of frustration for Chinese business.

The prospects for reform in Ukraine remain bleak. Abromavicius' initial appointment was made precisely because, as a Lithuanian with no experience in Ukrainian politics, he came from outside a corrupt system and could credibly work to reform it.

Abromavicius' departure will fatally undermine what little confidence investors still had in the Poroshenko administration and Ukraine's economic prospects in general.

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