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China sends officials to study effects of sanctions on Russia as it eyes up Taiwan invasion (www.telegraph.co.uk)

submitted 2 weeks ago by [email protected] to c/world

12 comments fedilink hide all child comments

Summary

China has sent officials to Russia to study the effects of Western sanctions, aiming to prepare for potential sanctions if it invades Taiwan.

Beijing’s task force, created after Russia’s 2022 invasion of Ukraine, analyzes sanctions’ impacts and strategies like reserve diversification and de-dollarization.

Concerns over $3.7 trillion in Chinese overseas assets are driving these efforts.

The growing ties between China and Russia include Chinese companies aiding Russia’s war efforts.

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[–] fluxion 43 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Let me summarize: it'll cost you everything, and gain you little more than what could be achieved with the slightest bit of reasonable diplomacy with your close kin in Taiwan.

Look, i even saved you an expensive trip, and you can do something less depressing than hang around in wartime Russia during their economic collapse.

If any major superpowers are looking for consulting work I charge very reasonable rates.

[–] [email protected] 13 points 2 weeks ago* (last edited 2 weeks ago)

It's funny to think we can sanction China in any sort of way similar to Russia. We didn't have almost anything say Made in Russia on it but fossil fuels and rocket engines when we sanctioned Russia. I'm supporting local production as much as I can and yet the vast majority of things I use in my daily life say Made in PRC. Those things need replacement and often no one is making them locally. Can we change that? Absolutely. Is it going to be fast enough to avoid a cataclysmic economic event that will trigger a reversal of sanctions, I don't think so. I don't think China is deterred by sanctions nearly as much as they are by the threat of armed conflict.

But yes, it's likely much more productive to go the diplomatic/subversive/interfering route.

[–] [email protected] 4 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Wooo, called it! 2025 WWIII. Covid set it back a year. Was supposed to happen 2024.

The ML Bears are getting wet downstairs.

[–] Paragone 0 points 2 weeks ago (1 children)

WW3 isn't until 2040-ish, sorry:

We've still got the progressively-creating-dictatorship stage, to happen in the US, ( until about 2031-ish )

then there's the carving-up-the-world-into-empires while Trump carves the US up in Confederacy's ideology's image, stage, ( another 7-8y )

THEN, when that's all done, THEN kaboom goes peace from the world, until only 1 faction's left alive, through global-war-of-attrition..

It may finish by the end of this century, may not.

Don't expect more than 100 million left alive, at the end of it, IF the Good Guys win, don't expect ANYbody left alive if they are as "unconscious at the wheel" as the Left has been in the US & Romania, lately.

I bet you an imaginary dime that the real WW3 will be not in this decade.

Bet?

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[–] [email protected] 0 points 2 weeks ago

That’s WW4

[–] [email protected] 3 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Spoiler: If sanctions do anything at all, they hurt the population trapped under state control but not the people who control the state.

[–] [email protected] 9 points 2 weeks ago (1 children)

Mainstream western political theories holds the power of nations arises from their economy. What threat would Putin be were Russia incapable of producing weapons and supplying soldiers?

Sanctions therefore seek to diminish the power of Russia, counting on its economy being sufficiently interconnected with and dependant on that of the West.

In this context, sanctions hurting the common people is ultimately the point, because they're literally trying to make Russia poorer, and therefore the poorest will be hurt most. Sanctions targeting the ruling class (such as seizure of assets like yachts) are at best symbolic.

[–] Paragone 1 points 2 weeks ago

I disagree with the "at best symbolic"

IF they're done rigorously, they CAN create some serious hurt for the oligarchs in question, it seems..

The problem is that they're usually done haphazardly..

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