On February 1st, around 1.5 billion Chinese around the world will celebrate the New Year and welcome the Year of the Tiger. According to Chinese astrology, 2022 could be a turbulent and conflict-ridden year – but at least the element of water has a dampening effect.
By Felix Lee
So far, China has not been involved in the current Ukraine crisis between Russia and the West. But Beijing is monitoring the situation very closely. How China will react in the event of an escalation is uncertain. China and Russia have grown closer in recent years. But they have not yet formed a military alliance. For the time being, the leadership is primarily concerned with one thing: smooth Winter Olympics.
By Christiane Kuehl
The EU announces a billion-euro aid package for Ukraine and reaffirms its determination to impose sanctions quickly in the event of an attack. However, a complete exclusion of Russia from the Swift banking system is apparently off the table.
By Eric Bonse
The Ukraine-China relationship has long been cold, but it holds a lot of potential. For a long time, the relationship was characterized by a simple trade exchange. Currently, however, China is emerging as a major trading partner of Ukraine. In the plans of China's New Silk Road initiative, Ukraine has played a minor role until now. In the wake of the war between Russia and Ukraine, the Chinese government is behaving cautiously, but increasingly a slight distancing can be seen. Read the latest Ukraine-China news from the Table.editorial team. How has the Ukraine-China relationship developed? Even though Ukraine has repeatedly expressed interest in the Silk Road initiative, the state has made few moves on China. Due to Ukraine's difficult economic and political situation resulting from Russian aggression, China is distancing itself from Ukraine. Ukraine also focused its foreign policy on the West - the European Union and the United States to persuade Russia to make peace with economic and political sanctions. Given the complicated U.S.-China relationship, Ukraine had deliberately avoided rapprochement with China. Closer contact with Xi Jinping is emerging under Ukrainian President Volodymyr Selenskyj, heralding a possible new phase in the Ukraine-China relationship.
