Beijing is ‘very interested’ in preparing for sanctions as it vows ‘resolute countermeasures’ to US arms approval to disputed territory

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.

  • whithomEnglish
    7·
    2 days ago

    The US should be looking into it too haha. That Mexico invasion isn’t gonna look good to anyone but maga

    • alcoholicorn@lemmy.mlEnglish
      34·
      2 days ago

      The US should be looking into what? How to deal with getting sanctioned by the US?

      • whithomEnglish
        33·
        2 days ago

        I feel I was pretty clear. Take a moment.