Paul Goble
Staunton, Mar. 13 – When Putin began his expanded war of aggression against Ukraine in 2022, the Kremlin assumed that it would be able to respond to sanctions the way Iran has and thus “Iranize” Russia, Aaron Lea and Borukh Taskin say. But instead Moscow has made Russia into a colony of China’s, a process they refer to “Sinification.”
And the two Israeli analysts of Russian origin say that as a result, behind all of Putin’s talk about “multipolarity,” the Kremlin leader “has in fact destroyed Russia’s status as a subject of international affairs, capable of acting on its own rather than being dictated to by others, in this case by China (kasparovru.com/material.php?id=69B42CDDEC8A0).
Drawing on the ideas of the late Zbigniew Brzezinski and recent research by two Russian analysts, Igor Lipsits and Vladivslav Inozemtsev, Lea and Taskin argue that “over four years of war, the Russian Federation has [thus] transformed from an energy superpower into a resource appendage of China.”
Lipsits, the two write, demonstrated that Moscow is now selling oil to China for less than the cost of production, the typical action of a colony and one that means “the Russian Federation has voluntarily transformed itself into a resource appendage left with exactly one customer” (ru.themoscowtimes.com/2026/02/24/ekonomicheskii-itog-voini-rossiiskoe-gosudarstvo-stalo-ubytochnym-a188001).
And Inozemtsev, Lea and Taskin say, warned in his article that Russia “won’t collapse tomorrow” but instead “will slowly, almost imperceptibly lose its room for maneuver, year by year and decision after decision with the real levers of powershifting to Beijing, where the system of governing ‘a barbaric periphery through economic dependency has been practiced for millenia” (ru.themoscowtimes.com/2026/02/25/bezumie-stavshee-normoi-a188010).
“In 2022,” the two write, “one scenario dominated the thinking of Russian economists: ‘Iranization,’ that is, the Russian Federation would learn to live under sanctions, preserve market mechanisms and find workarounds,” a pattern that Lipsits accurately characterizes as a form of monopsony.”
But what has happened, they say, is that Russia’s traditional customers adapted just as they did after the 1973 oil crisis and force Moscow to turn to China, leaving it without the flexibility that a sovereign state is supposed to have and that Putin prizes almost above everything else.
At the same time, as Inozemtsev has argued, “Putinism rests on ‘death-onomics,’ in which the state pays more for death on the frontlines than for a peaceful life. That postpones social unrest, and apathy becomes the regime’s foundation.” But that can go on only so long because the drop of oil revenues is destroying the fiscal balance of the state.
In 2022-2023, the Russian economy was “saved not by the Central Bank, the finance ministry or state corporations but by private entrepreneurs; but because the Kremlin couldn’t tolerate any independent centers of wealth formation, it has since been attacking the very private entrepreneurs who saved it earlier.
According to Lea and Askin, “Private business was utilized like a fire brigade; once the fire is extinguished, the brigade is disbanded. This mechanism of self-destruction requires no external triggers.” And this happened while Moscow relied ever more on China “failing to grasp that China in this case was not acting as an ally but as a manager of a strategic asset.”
“Beijing has, de facto, become the guarantor of the regime—not out of ideological affinity, but out of the calculated investment logic of an "asset manager." … This is neither an alliance nor a partnership; rather, it is a symbiosis between a predator and a resource that must be shielded from competitors so the predator may gorge on its mineral wealth itself,” the two say.
All this “creates an uncomfortable paradox for the West: sanctions that financially weaken the Kremlin simultaneously deepen Russia’s dependence on Beijing: the poorer the Russian Federation becomes, the tighter is its bond to its sole creditor – and the deeper China’s control over a nuclear-armed nation.”
Lea and Taskin stress that “this is not an argument against sanctions. Rather it is an argument that Western policymakers need to finally formulate a strategy regarding China, the true beneficiary of the war [in Ukraine] rather than continuing to pretend that Beijing is a neutral observer there.”
“Evolutionary absorption is no less real simply because it unfolds slowly,” they argue; “but there is a catch … upon realizing the full extent of its humiliation, the Kremlin might well prefer nuclear escalation to the status of a Chinese protectorate—a choice that would render this "colony" the most explosive in world history.
And they continue: “The greatest geopolitical catastrophe of the 21st century—Russia’s forceful ‘liberation’ from its dependence on the West—has yielded the exact opposite result. Moscow has escaped one form of dependency only to thrust itself into another: one that is deeper, less advantageous, and far more difficult to reverse.”
In addition, there is another “catch,” Lea and Taskin say. Russia “is degrading unevenly and stabilization at a low equilibrium remains a probable scenario” one in which it will slowly decline while depending on its production of things other than oil and gas. But in that case too, “Beijing can afford to be patient; after all, the asset it is absorbing isn't going anywhere.”