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'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
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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Ukraine is the largest supplier of rare earth elements and other raw materials for the European high-tech sector. The EU originally wanted to become less dependent on China when it came to procuring industrial minerals - and has relied primarily on Ukraine for this purpose. China has also sought access to rare earth and noble gas deposits. Putin's war of aggression has now thwarted the plans on both sides. Will the valuable deposits now fall into Russia's hands?
By Frank Sieren
Russia's invasion of Ukraine plunges China into a deep strategic dilemma: Should Beijing stick to its "borderless friendship" with Vladimir Putin? But this would mean giving up its own interests and foreign policy principles. In any case, it refuses to speak of a Russian invasion.
By Michael Radunski
The Ukraine war is also part of a global struggle for oil and gas. The USA wants to sell more of it to Europe. China, in turn, wants to be less dependent on oil and gas from the US and its allies – and is leaning toward Russia. Beijing's long-term commitments give Russian President Vladimir Putin the necessary leeway for this war.
By Frank Sieren
If Russia is cut off from international payment flows, China could step in with an expansion of its yuan trade. However, it cannot fully replace the dollar for Russia. Moreover, the Russian financial market would become completely dependent on China.
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On the road to a greener electricity mix, power security is also an important matter for China. Just last fall, power shortages even crippled factories in some provinces. A massive expansion of power storage facilities is supposed to ensure that something like that doesn't happen again - but there are difficulties with financing.
By Nico Beckert
The joint venture requirement, which has been criticized by Western companies for many years, has been relaxed. In addition, the Chinese leadership has also simplified direct investment in the People's Republic. However, what sounds like an opening of China's economy should be approached with caution.
By Christian Domke Seidel
Naturally, the Ukraine-Russia crisis was also a key topic at the China.Table China Strategy conference 2022. In the geopolitics panel, our invited experts will analyze the contradictions in China's position and discuss how Germany and Europe need to improve their relations with China.
By Michael Radunski
