How China repays its debt to Russia is as follows:
Our country mines a lot of ore resources and sells them to the Soviet Union to pay off its debt. Finally, in October 1965, within just five years, our country paid off all its foreign debts to the Soviet Union, and thus established a good image in the international community.
At that time, China was in the beginning stage of industrial development, and production and construction were not developed. In addition, there were natural disasters at that time, the food harvest was small, and many people did not even have enough food and clothing. At that time, the main repayment product was agricultural products, and every household was frugal and tightened their belts just to repay the loan as soon as possible.
That difficult period is still fresh in many people’s memories. Batch after batch of agricultural products were shipped to the Soviet Union to be exchanged for foreign currency, accumulating little by little like ants moving. Agricultural products paid off more than 60 percent of the outstanding balance. The remaining amount was paid off with mineral resources. In 1965, the working people of China paid off this debt ahead of schedule within the agreed time.
Summary:
The whole country of China works together to be self-reliant and find a path that suits itself. This debt not only strengthened the unity among ethnic groups and increased the people's enthusiasm for production, but also realized that only by relying on oneself can one have enough food and clothing. Only when you are strong can you not be controlled by others.
Don’t forget history and learn from history. In such a difficult environment, the working people paved a road to independence with their hard-working hands. They did not admit defeat, were not afraid of hardship, and did not bow their heads when faced with opponents who were stronger than themselves. With their actions, they have made bright choices for people today.