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The closure of Russian airspace is wreaking havoc on air traffic. Longer travel times are to be expected on China routes. Costs are rising for cargo airlines, which could also affect supply chains and prices. Meanwhile, Asian airlines will be able to continue taking the shorter routes – to Europe's disadvantage.
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In addition to the exclusion from the international payment system Swift, tech sanctions could also have a severe impact on Russia's economy. However, China could offset punitive measures with its own exports. But Beijing has to hold back; after all, the Communist Party does not want to break completely with the West. This price would probably be too high.
By Ning Wang
China presents itself as an ally of Russia, but not a particularly loyal one. On Sunday, Foreign Minister Wang Yi already expressed criticism of the actions in Ukraine. At the same time, he rejected any sanctions. So China is keeping a low profile for the time being and is continuing to cause scratching heads.
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China's position in the Russia-Ukraine conflict raises many questions. In an interview conducted by Michael Radunski, Janka Oertel explains the underlying considerations behind Beijing's policy. With a view to Taiwan, the China expert warns that the status quo policy can no longer be maintained.
By Michael Radunski