[{"data":1,"prerenderedAt":230},["ShallowReactive",2],{"story-9967-tw":3},{"id":4,"slug":5,"slugs":5,"currentSlug":5,"title":6,"subtitle":7,"coverImagesSmall":8,"coverImages":9,"content":43,"questions":44,"relatedArticles":57,"body_color":228,"card_color":229},"9967",null,"俄羅斯經濟崩潰點浮現，戰爭耗盡國家能力","前所未有的工業衰退預示全球市場的系統性經濟轉型",[],[10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42],"https://cdn-kdmmj.nitrocdn.com/rMIbIrPSYFfiGCokvtkImuATKIjcDThC/assets/images/optimized/rev-7cde77b/maritimefairtrade.org/wp-content/uploads/2025/12/Russia-and-Ukraine-An-Economic-War-of-Attrition-1024x683.jpg","https://unn.ua/_next/image?url=https%3A%2F%2Funn.ua%2Fimg%2F2025%2F12%2F21%2F1766287559-4574-large.webp&w=720&q=75","https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA1QcKUr.img?w=768&h=432&m=6&x=377&y=95&s=274&d=274","https://i0.wp.com/asiatimes.com/wp-content/uploads/2025/12/Russia-Soldiers-Ukraine-War-.jpg?resize=1200%2C800&quality=89&ssl=1","https://dbi08h1l6ojmx.cloudfront.net/EOY-Russia.png","https://static.themoscowtimes.com/image/article_1360/7a/TASS_86691500.jpg","https://storage.united24media.com/thumbs/1014x676/b/60/855cdfd7be89da93d3ec562ae370e60b.jpg","https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA1SGcgy.img?w=590&h=885&m=6&x=132&y=228&s=325&d=325","https://meyka.com/wp-content/uploads/2025/12/featured_image-3584.png","https://uimg.pravda.com.ua/buckets/upstatic/images/doc/0/d/738071/0dab5266f4ed5882620204e60267cbdb.jpeg?w=680&q=90","https://112.ua/uploads/bdd7f8e66ea0e51d8eb01c03905fdf18.jpg","https://uimg.pravda.com.ua/buckets/upstatic/images/doc/c/d/739557/cd5e25710e2e70625b67c742ea9ce6b7.jpeg?w=680&q=90","https://images.cnscdn.com/3/a/7/8/3a7834b5929c1706cce5d69118f1dbf9/original.jpg","https://storage.united24media.com/thumbs/x/c/83/e12e6499b80d44d633e7cd027e46383c.jpg","https://d39raawggeifpx.cloudfront.net/styles/16_9_desktop/s3/articleimages/bneGeneric_Russia_Moscow_CCCP_USSR_NOvy_Arbat_building_lights_Cropped_0.png","https://eutoday.net/wp-content/uploads/2020/08/putin-official-portrait.jpg","https://en.thebell.io/content/images/size/w1384/2025/12/How-Russia-s-economy-changed-in-2025.png","https://www.online.ua/static/content/thumbs/385x240/2/0c/uuvqpa---c16x10x36px16p-rc--11ef3e8a28388d80ea62efdf2ad4f0c2.jpg","https://cdn.i-scmp.com/sites/default/files/styles/700x400/public/d8/images/canvas/2025/12/22/124abd99-7bb4-4eb6-95f0-44e2cadf475e_da926e24.jpg?itok=fW-kMfRm&v=1766394574","https://d39raawggeifpx.cloudfront.net/styles/16_9_desktop/s3/articleimages/bneIcon_bneGeneric_Russia_Kremlin_2_59.jpg","https://www.online.ua/static/content/thumbs/385x240/4/fd/mygq5y---c16x10x36px31p-rc--10ad49e9057c78debfb7f75009f78fd4.jpg","https://bloximages.chicago2.vip.townnews.com/bdtonline.com/content/tncms/assets/v3/editorial/6/1f/61fb5710-e949-53ef-ae78-54c408a542b9/694a8918b694e.image.jpg?resize=1200%2C800","https://www.vtmarkets.com/wp-content/uploads/2025/02/gold2.png","https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA1SSxzt.img?w=768&h=384&m=6","https://euromaidanpress.com/wp-content/uploads/2025/12/756625681549980.jpg","https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA1SJwrf.img?w=1920&h=1080&m=4&q=98","https://unn.ua/_next/image?url=https%3A%2F%2Funn.ua%2Fimg%2F2025%2F12%2F22%2F1766443701-4094-large.webp&w=720&q=75","https://mezha.net/wp-content/uploads/2025/12/24/sanctions-remain-key-pressure.webp","https://mezha.net/wp-content/uploads/2025/12/24/western-sanctions-cut-russia-s.webp","https://www.online.ua/static/content/thumbs/385x240/7/36/5mud3j---c16x10x42px15p-rc--23981d7b584418a657bc204eb7350367.jpg","https://subscription.ukrweekly.com/wp-content/uploads/Anders-Aslund-1.jpeg","https://img5.eadaily.com/r650x400/o/463/c6561b212ec3ee37e5ef2bab1ab8d.jpg","https://media.cnn.com/api/v1/images/stellar/prod/2025-12-19t095840z-870865793-rc2ljiaqwxzl-rtrmadp-3-russia-putin.JPG?c=original&q=w_1041,c_fill","俄羅斯的經濟格局正經歷深刻的結構性轉型，這是由曠日持久的軍事衝突和國際制裁所帶來的複合壓力所驅動的。工業部門目前正 面臨自 1990 年代以來最嚴重的危機，全面的經濟衰退揭示了深層的系統性脆弱性。\n\n**工業產出已大幅萎縮**，遍及多個行業，標誌著一個關鍵的轉折點。製造業領域經歷了極端收縮——拖拉機產量暴跌 61.6%，推土機產量下降 53.7%，汽車工業產量回落至 2022 年最差水平，產量暴跌 34.1%。這些數字不僅僅是統計上的異常，而是代表著俄羅斯經濟基礎設施的根本重塑。\n\n經濟壓力源於多個相互關聯的因素。**軍事支出已佔據國家預算的近 40%**，軍事支出在 2024 年比 2023 年增加了 38%。這種巨額撥款是以犧牲民用工業發展為代價的，創造了一種越來越不可持續的戰爭經濟。國家福利基金自衝突爆發以來下降了 57%，這表明了長期的財務可持續性挑戰。\n\n國際制裁在加速這種經濟轉型方面發揮了關鍵作用。西方國家預計將在 2025 年給俄羅斯造成數百億美元的損失，目標是石油和天然氣等關鍵經濟部門。制裁有效地限制了俄羅斯的傳統經濟模式，迫使其進行快速的內部結構調整，並挑戰既定的貿易動態。\n\n對於國際企業和跨境電子商務賣家而言，這種情況帶來了複雜的運營風險。潛在的挑戰包括受限的物流路線、支付處理困難以及增加的合規性要求。市場的不可預測性表明，賣家必須制定高度適應性的策略，側重於風險緩解和潛在的替代市場多元化。\n\n專家預測，儘管存在這些經濟壓力，克里姆林宮仍可能在沒有經歷災難性經濟崩潰的情況下維持 3-5 年的軍事行動。然而，目前的軌跡表明，這是一個漫長的經濟適應期，對全球貿易和投資策略具有重大影響。",[45,48,51,54],{"title":46,"answer":47,"author":5,"avatar":5,"time":5},"俄羅斯經濟所面臨的主要挑戰，其首要驅動力為何？","經濟挑戰源於三大因素：長期軍事開支（佔國家預算 40%）、針對關鍵經濟部門的國際制裁，以及導致國內生產總值（GDP）增長停滯的急劇經濟放緩。",{"title":49,"answer":50,"author":5,"avatar":5,"time":5},"跨境電商賣家在俄羅斯市場上面臨哪些風險？","賣家面臨複雜的營運風險，包括物流路線受限、支付處理困難、合規要求增加，以及市場高度波動。經濟不穩定顯示需要調整策略、市場多元化，以及穩健的風險緩解方法。",{"title":52,"answer":53,"author":5,"avatar":5,"time":5},"俄羅斯目前的經濟模式能維持多久？","專家預測，克里姆林宮可能在未發生災難性經濟崩潰的情況下，維持軍事行動長達3到5年。然而，持續的經濟壓力可能會迫使內部進行重大重組，並調整經濟策略。",{"title":55,"answer":56,"author":5,"avatar":5,"time":5},"俄羅斯目前的工業危機有多嚴重？","俄羅斯正經歷自 1990 年代以來最嚴重的工業危機，汽車、拖拉機和機械等製造業正經歷急劇萎縮。工業產出同比下降 0.7%，其中特定行業的產量下降幅度高達 61.6%。",[58,63,68,73,78,82,87,92,96,100,104,109,113,117,121,126,130,134,138,142,146,150,154,158,162,166,170,175,179,183,187,190,194,198,203,207,211,215,219,224],{"id":59,"title":60,"source":61,"logo":5,"time":62},155035,"Russia’s economy is struggling. But that won’t bring Putin to the negotiating table for years","https://www.aol.com/articles/russia-economy-struggling-won-t-080000922.html","1天前",{"id":64,"title":65,"source":66,"logo":20,"time":67},155057,"The Russian economy has fallen into stagnation: how many years will the resources last for the war","https://112.ua/en/rosijska-ekonomika-v-krizi-ale-putin-se-moze-vouvati-cnn-124026","5天前",{"id":69,"title":70,"source":71,"logo":24,"time":72},155034,"Russians face economic strain as inflation fears and tax hikes dampen outlook for 2026","https://www.intellinews.com/russians-face-economic-strain-as-inflation-fears-and-tax-hikes-dampen-outlook-for-2026-417922/","18小時前",{"id":74,"title":75,"source":76,"logo":5,"time":77},155056,"Russia’s sanctions resilience has limits—but these hasn't been reached yet","https://tvpworld.com/90693760/why-sanctions-havent-broken-russias-war-economy","4天前",{"id":79,"title":80,"source":81,"logo":41,"time":62},155037,"Everyone knows why the Russian economy has stopped picking up speed — economist","https://eadaily.com/en/news/2025/12/25/everyone-knows-why-the-russian-economy-has-stopped-picking-up-speed-economist",{"id":83,"title":84,"source":85,"logo":18,"time":86},155059,"Russia’s Economic Outlook: Putin’s Strategy Amid Sanctions on December","https://meyka.com/blog/russias-economic-outlook-putins-strategy-amid-sanctions-on-december-2112/","6天前",{"id":88,"title":89,"source":90,"logo":12,"time":91},155036,"Putin’s 5 biggest geopolitical and economic miscalculations in the war on Ukraine","https://www.msn.com/en-ie/news/world/putin-s-5-biggest-geopolitical-and-economic-miscalculations-in-the-war-on-ukraine/ar-AA1T0jR1?ocid=finance-verthp-feeds","2天前",{"id":93,"title":94,"source":95,"logo":11,"time":86},155058,"Russia's economic woes won't force Putin to the negotiating table - CNN","https://unn.ua/en/news/russias-economic-woes-wont-force-putin-to-the-negotiating-table-cnn",{"id":97,"title":98,"source":99,"logo":32,"time":91},155039,"Expectations for Russia’s industrial output were missed, recording a decline of 0.7% against 1.2% forecast","https://www.vtmarkets.com/live-updates/expectations-for-russias-industrial-output-were-missed-recording-a-decline-of-0-7-against-1-2-forecast/",{"id":101,"title":102,"source":103,"logo":15,"time":62},155038,"Russia's Economy in the Late 2020s Will Look a Lot Like the Late Soviet Economy","https://www.themoscowtimes.com/2025/12/25/russias-economy-in-the-late-2020s-will-look-a-lot-like-the-late-soviet-economy-a91550",{"id":105,"title":106,"source":107,"logo":10,"time":108},155060,"Russia and Ukraine: An Economic War of Attrition","https://maritimefairtrade.org/russia-and-ukraine-an-economic-war-of-attrition/","7天前",{"id":110,"title":111,"source":112,"logo":38,"time":91},155040,"Western Sanctions Cut Russia’s 2025 Budget Revenues by Tens of Billions","https://mezha.net/eng/bukvy/western-sanctions-cut-russia-s-2025-budget-revenues-by-tens-of-billions/",{"id":114,"title":115,"source":116,"logo":26,"time":86},155062,"How Russia’s economy changed in 2025","https://en.thebell.io/how-russias-economy-changed-in-2025/",{"id":118,"title":119,"source":120,"logo":29,"time":86},155061,"MOSCOW BLOG: Is Russia close to collapse? Russia vs US wartime budget deficits","https://www.intellinews.com/moscow-blog-is-russia-close-to-collapse-russia-vs-us-wartime-budget-deficits-417785/",{"id":122,"title":123,"source":124,"logo":40,"time":125},155042,"Anders Aslund examines the Russian economy today","https://subscription.ukrweekly.com/anders-aslund-examines-the-russian-economy-today/","3天前",{"id":127,"title":128,"source":129,"logo":17,"time":86},155064,"Russian economy in danger as Putin boasts of new territorial gains","https://www.msn.com/en-us/money/markets/russian-economy-in-danger-as-putin-boasts-of-new-territorial-gains/ar-AA1SG7BZ?ocid=Peregrine",{"id":131,"title":132,"source":133,"logo":5,"time":91},155041,"Russia’s Industrial Output Shocks With Sudden Contraction","https://www.tipranks.com/news/company-announcements/russias-industrial-output-shocks-with-sudden-contraction",{"id":135,"title":136,"source":137,"logo":35,"time":86},155063,"How Russia’s economy is changing","https://www.msn.com/en-us/money/markets/how-russia-s-economy-is-changing/vi-AA1SJIRa?ocid=finance-verthp-feeds",{"id":139,"title":140,"source":141,"logo":37,"time":125},155044,"Sanctions Remain Key Pressure on Russia Despite Challenges","https://mezha.net/eng/bukvy/sanctions-remain-key-pressure-on-russia-despite-challenges/",{"id":143,"title":144,"source":145,"logo":5,"time":91},155043,"Russia's November industrial output down 0.7% y/y","https://www.marketscreener.com/news/russia-s-november-industrial-output-down-0-7-y-y-ce7e59dadd8df620",{"id":147,"title":148,"source":149,"logo":31,"time":108},155065,"Russia Economy","https://www.bdtonline.com/news/nation_world/russia-economy/image_61fb5710-e949-53ef-ae78-54c408a542b9.html",{"id":151,"title":152,"source":153,"logo":39,"time":125},155046,"Russia's economy is approaching collapse — when will it happen?","https://news.online.ua/en/russias-economy-is-approaching-collapse-when-will-it-happen-899960/",{"id":155,"title":156,"source":157,"logo":5,"time":125},155045,"Russia's War Economy Is Not Collapsing, But Neither Is It Stable","https://menafn.com/1110515131/Russias-War-Economy-Is-Not-Collapsing-But-Neither-Is-It-Stable",{"id":159,"title":160,"source":161,"logo":5,"time":77},155048,"Putin’s ‘dear friend’ Xi piles pain on Russia’s economy","https://www.telegraph.co.uk/business/2025/12/23/putin-dear-friend-xi-piles-pain-on-russia-economy/",{"id":163,"title":164,"source":165,"logo":16,"time":62},155125,"Russia’s War Economy Falters as Civilian Industries Slide Into Deep Decline","https://united24media.com/latest-news/russias-war-economy-falters-as-civilian-industries-slide-into-deep-decline-14561",{"id":167,"title":168,"source":169,"logo":28,"time":125},155047,"Opinion | How the West’s sanctions against Russia are fuelling a protracted war","https://www.scmp.com/opinion/world-opinion/article/3337340/how-wests-sanctions-against-russia-are-fuelling-protracted-war",{"id":171,"title":172,"source":173,"logo":21,"time":174},155124,"Big business in Russia reports most severe industrial crisis since the 1990s","https://www.pravda.com.ua/eng/news/2025/12/26/8013467/","22小時前",{"id":176,"title":177,"source":178,"logo":5,"time":77},155127,"Russia’s economy keeps driving its war, but it could break in 2026","https://www.washingtonpost.com/world/2025/12/22/russia-war-economy-ukraine/",{"id":180,"title":181,"source":182,"logo":13,"time":77},155049,"Yerzhan Tokbolat","https://asiatimes.com/author/yerzhan-tokbolat/",{"id":184,"title":185,"source":186,"logo":23,"time":91},155126,"Western Sanctions Cost Russia Tens of Billions in 2025, Kyiv Says","https://united24media.com/latest-news/western-sanctions-cost-russia-tens-of-billions-in-2025-kyiv-says-14548",{"id":188,"title":60,"source":189,"logo":42,"time":108},155128,"https://www.cnn.com/2025/12/20/business/russia-economy-struggling-ukraine-war-intl",{"id":191,"title":192,"source":193,"logo":22,"time":125},155051,"War with Ukraine draining Russian economy: banking system in crisis, - WP","https://censor.net/en/news/3591951/russian-banking-system-in-crisis-due-to-corporate-lending",{"id":195,"title":196,"source":197,"logo":19,"time":77},155050,"Russian economy may collapse in 2026 as reserves run dry – WP","https://www.pravda.com.ua/eng/news/2025/12/23/8013046/",{"id":199,"title":200,"source":201,"logo":27,"time":202},155031,"Russia's big business faces its biggest crisis since the 1990s","https://news.online.ua/en/russias-big-business-faces-its-biggest-crisis-since-the-1990s-900031/","20小時前",{"id":204,"title":205,"source":206,"logo":36,"time":77},155053,"Russia's economy exhausted by war, 2026 will be critical - WP","https://unn.ua/en/news/russias-economy-exhausted-by-war-2026-will-be-critical-wp",{"id":208,"title":209,"source":210,"logo":34,"time":125},155052,"Russia’s 2026 outlook: war spending climbs as reserves drain","https://euromaidanpress.com/2025/12/23/russia-2026-outlook-war-spending-reserves-drain/",{"id":212,"title":213,"source":214,"logo":33,"time":62},155033,"Russia’s war economy nears breaking point","https://www.msn.com/en-us/money/markets/russia-s-war-economy-nears-breaking-point/ar-AA1SSbmy?ocid=Peregrine",{"id":216,"title":217,"source":218,"logo":30,"time":67},155055,"How many more years can Putin fight with Ukraine — analysts' calculation","https://news.online.ua/en/how-many-more-years-can-putin-fight-with-ukraine-analysts-calculation-899894/",{"id":220,"title":221,"source":222,"logo":25,"time":223},155032,"Russian industry executives warn of sharp downturn as sales slide to post-default lows","https://eutoday.net/russian-industry-executives-warn-of-sharp-downturn/","21小時前",{"id":225,"title":226,"source":227,"logo":14,"time":77},155054,"Russia Sanctions Piled Up in 2025—and Its Evasion Efforts Doubled","https://www.kharon.com/brief/russia-news-2025-sanctions-rosneft-lukoil-shadow-fleet","#d42f02ff","#d42f024d",1766795264408]