China and Russia: A Blueprint for Sanction-Proof Economies
China is studying Russia’s strategies for countering Western sanctions as a potential model for managing similar economic threats, especially in a Taiwan conflict scenario.
Beijing has formed a team to analyze Russia’s tactics, such as diversifying reserves, using shadow fleets, and creating alternate trade routes. Collaborating with Russian agencies, China is focusing on protecting its $3.3 trillion in foreign reserves while strengthening domestic production and supply chain resilience. Analysts warn that China’s global economic ties could lead to harsher fallout, but Russia’s experiences provide valuable lessons on preparation and alliance-building.
Clever Robot News Desk 2nd December 2024
