Market
Will China form alliances to counter Western sanctions by mid-2025?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Chinese government or credible international news sources
Story
China Imposes Sanctions on Russia, Studies Evasion Strategies for Taiwan Conflict
Dec 1, 2024, 04:03 AM
China has imposed new sanctions on the supply of equipment and chemicals to Russia, signaling a potential shift in its stance amid rising tensions with Western countries. The new restrictions may complicate the export of critical products to Russia, with analysts suggesting that U.S. influence may have played a role in this decision. In response to the sanctions, China has formed a dedicated team to assess their impact, according to the Wall Street Journal. Additionally, officials in Beijing are reportedly studying Russia's strategies for evading sanctions to prepare for potential conflicts, such as a Taiwan-related scenario, and the associated Western penalties.
View original story
Similar markets
Other • 25%
Implement counter-sanctions • 25%
Seek diplomatic negotiations • 25%
Increase military posturing • 25%
Other • 25%
Increase foreign reserve diversification • 25%
Strengthen economic ties with Russia • 25%
Develop new trade routes with non-Western countries • 25%
3-4 additional countries • 25%
No additional countries • 25%
1-2 additional countries • 25%
More than 4 additional countries • 25%
Pakistan • 25%
India • 25%
Russia • 25%
Other • 25%
No significant change • 25%
New alliances formed • 25%
Weakened alliances • 25%
Strengthened alliances • 25%
No significant response • 25%
Retaliatory sanctions • 25%
Diplomatic protest • 25%
Cyber countermeasures • 25%
Diplomatic engagement • 25%
Retaliatory sanctions • 25%
No significant reaction • 25%
Other responses • 25%
Unchanged • 25%
Weakened • 25%
Dissolved • 25%
Strengthened • 25%