China Prepares for Western Sanctions With Russia's Economic Blueprint
China is closely studying Russia’s strategies for countering Western sanctions, viewing the situation as a model for preparing against similar economic measures in case of a Taiwan conflict. Beijing has reportedly formed an interagency group to analyze Russia’s experiences, from foreign reserve diversification to sanctions evasion tactics like shadow fleets and alternate trade routes. Chinese officials have collaborated with Russian agencies, while Xi has prioritized safeguarding China’s $3.3 trillion foreign reserves. Despite Russia’s reliance on Chinese trade, their economic partnership remains unequal. Lessons for China include bolstering domestic production, avoiding supply chain vulnerabilities, and understanding the global ripple effects of sanctions. Analysts note that while China could face harsher economic fallout due to its larger role in global markets, Russia’s preparation and alliances offer critical insights for Beijing. #Write2Earn