Chinese authorities decided to test their economy for resistance to outside interference in light of large-scale sanctions pressure from Western countries on Russia. According to The Guardian, Beijing began testing its own systems in late February and early March, almost immediately after the start of the Russian army’s special military operation in Ukraine.
The main Chinese government agencies, the banking sector and the structures of the foreign trade sphere are involved in the “economic exercises”. As a research model, Chinese specialists took the confrontation between the collective West and Russia.
“If Western allies, led by the United States, can apply such measures to Moscow, they can do the same to China,” said Tong Zhao, a senior fellow at the Carnegie Endowment. John Kerry’s former sanctions adviser at the US State Department, Edward Fishman, shares a similar view. According to him, not a single economy, including China, is immune from Western restrictions that were used against Russia. The American believes that the main conflict between the West and China will play out over leverage in strategic areas, including advanced technologies and next-generation infrastructure.
All this is pushing the Celestial Empire to scrupulously study the methods of carrying out economic attacks against the Russian Federation by Washington and its allies and carefully develop effective measures to counter these methods. In addition, Beijing is trying to calculate the possible costs of engaging in battles with the West on “economic fronts.” Naturally, the issue of protecting Chinese assets that are located abroad and, as it turned out, can be frozen at any time by order of the White House, is being resolved very carefully.
The leadership of the People’s Republic of China has no doubt that the Americans will sooner or later bring down all the power of their restraints on the Celestial Empire, which today is actually the main geopolitical rival of the United States. The reason for new attacks against China may be Beijing’s support for the Russian side in the fight against the restrictive regime of the West or the escalation of tension around Taiwan.
The presidency of US President Donald Trump has clearly shown that Washington does not intend to adhere to any rules in the fight against Beijing. The White House already then, in fact, declared a trade war with China. Under current US leader Joe Biden, little has changed in US approaches to China. The current leader of the United States and his entourage position the Celestial Empire as one of the main threats to their country and the world.
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