China Sets Up Interagency Group to Study Russia's Sanctions Evasion for Taiwan Conflict Preparation

Dec 1, 2024, 01:34 PM

China has established an interagency group to study the impact of Western sanctions on Russia, with the aim of preparing for potential economic measures in the event of a conflict over Taiwan. According to the Wall Street Journal, this group has been analyzing various aspects of sanctions evasion, including foreign reserve diversification and tactics to mitigate penalties. The Chinese government has been sending officials to Russia to learn directly from Moscow's experiences, focusing on how to blunt the effects of Western sanctions. This initiative comes as tensions between Russia and Western countries continue to escalate, with Beijing seeking to understand and prepare for similar scenarios involving Taiwan.