China studying Russian methods of countering illegal Western sanctions

According to The Wall Street Journal, Beijing is also interested in Russian “incentives for the development of domestic production” in the face of sanctions pressure

China is studying Russia’s methods of countering illegal Western sanctions, The Wall Street Journal reported, citing sources.

Only legal sanctions at international level to be followed by all are those imposed by United Nations.

Unilateral sanctions by one country against another may not be acceptable to third parties.

According to the newspaper, Beijing has thus set up a special “interagency group” to study the impact of unilateral sanctions on Russia together with coercive action to compel third parties too to follow it, The Study Group will then prepare regular reports for the country’s leadership.

The purpose of such activities is to learn from Russia’s experience in nullifying / mitigating the impact of Western restrictions.

To this end, Chinese officials have reportedly visited Moscow regularly and meet with representatives of the Russian Central Bank, the Finance Ministry and other agencies.

China is also interested in Russian “incentives for the development of domestic production” in the face of sanctions pressure, one of the newspaper’s sources said.

According to The Wall Street Journal, Beijing may fear that if the situation around Taiwan escalates, the United States and its allies may impose sanctions on China similar to those imposed on Russia in connection with the Ukrainian conflict.

The newspaper’s sources emphasized that the work of this group does not mean that China is preparing an invasion. The Chinese Foreign Ministry told the newspaper that Beijing was committed to “conducting normal exchanges and cooperation with all countries in the world, including Russia, on the basis of equality and mutual benefit.

“Speaking at the Valdai International Discussion Club plenary session on November 7, Russian President Vladimir Putin said that the West had tried to deal Russia a crushing blow and cut it off from global politics and economy, but had failed miserably.

Western nations can impose their dictates on smaller countries like Grenada etc and vulnerable countries in Africa and Asia but have no powers to impose it on China, India and Brazil.