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22 Comments
**From The Telegraph’s Wiliam Yang in Taipei:**
China has [sent officials to the Russian central bank](https://www.telegraph.co.uk/world-news/2024/06/25/russia-china-trade-direct-central-asia/) to study the effects of Western sanctions for a better understanding of how it would be affected if it were to invade Taiwan.
Beijing had already set up a task force months after Russia invaded Ukraine in February 2022, which was tasked with producing reports about the impacts of Western sanctions on the Russian economy.
China is [“very interested” in “practically everything”](https://www.telegraph.co.uk/politics/2024/05/19/russia-china-ties-direct-threat-to-democracy-says-shapps/) about the sanctions, including potentially positive effects on domestic production, a person with knowledge of the specialist task force told the Wall Street Journal.
Meanwhile, China vowed “resolute countermeasures” on Sunday after the US approved an [arms shipment to Taiwan](https://www.telegraph.co.uk/news/2024/11/07/china-navy-new-amphibious-ship-possible-invasion-taiwan/).
In addition to reports produced through the inter-agency, Chinese officials have been sent on recurring trips to Moscow’s central bank, ministry of finance and other government agencies that deal with Western sanctions.
“For the Chinese, [Russia is really a sandbox](https://www.telegraph.co.uk/news/2024/09/04/putin-is-xis-puppet-he-just-doesnt-realise-it-yet/) on how sanctions work and how to manage them. They know that if there is a Taiwan contingency, the tool kit that will be applied against them will be similar,” said Alexander Gabuev, director of Carnegie Russia Eurasia Centre.
Russia’s economy defied expectations after Western sanctions were imposed, with consumer confidence increasing and wages growing in the months after the invasion.
However, the Kremlin was recently forced to reassure Russians who feared they would be significantly impacted by the sudden collapse of the rouble, which plunged to its lowest level since the invasion began.
The creation of a task force reflects deepening relations between Beijing and Moscow. Chinese companies are believed to be [playing a pivotal role](https://www.telegraph.co.uk/us/comment/2024/11/26/xi-jinping-already-outmanoeuvred-donald-trump-tariff-war/) in the supply of weapons used by Russia in Ukraine.
It also reflects concerns in Beijing over the $3.3 trillion it holds in foreign-exchange reserves – the largest in the world.
Officials in China have therefore been tasked with [diversifying away from dollar-denominated assets](https://www.telegraph.co.uk/business/2023/12/24/xi-jinping-china-dollar-dominance-saudi-arabia-deal/), including American treasury bonds.
Western sanctions on China triggered by an invasion of Taiwan could put $3.7 trillion in Chinese [overseas bank assets and reserves at risk](https://www.telegraph.co.uk/business/2024/05/12/china-fortifying-economy-war-with-west/), according to a report by the Atlantic Council and Rhodium Group .
One lesson China has learnt from Russia’s invasion of Ukraine is preparation, according to analysts, after watching how Russia diversified foreign reserves and de-dollarised its economy in the months before February 2022.
**Article Link:** [https://www.telegraph.co.uk/world-news/2024/12/01/china-russia-central-bank-ukraine-taiwan-us-sanctions/](https://www.telegraph.co.uk/world-news/2024/12/01/china-russia-central-bank-ukraine-taiwan-us-sanctions/)
This is another reason why they are supporting Russia. They want to have Russia and its 5,000 nukes behind them, when they pounce on Taiwan.
Oh the sanctions on Russia are going to be trivial compare to the sanctions on China for invading the semiconductor manufacturer for the world.
And the conclusion is that it works, not to the extends it was intended but Russia having to get so many middlemen to circumvent the sanctions shows that it was far from useless or empowering like Russia wanted people to believe.
More reason for China to support Russia and US war efforts against each other. To see what the end game is, while China remains unscathed.
Any chance the ccp is gonna get an honest report on that?
This is what people and western leaders don’t understand. Russia invading Ukraine is a test ground for China. Taiwan is a leader in most advanced semiconductors. Semiconductor is one of the most important commodities in the world. If China gets their hands on Taiwan – China becomes the goat and west is toast. Or pretty much everyone is toast. Western world should have acted more decisively to show how tough would they react on China. I assert it was low to medium. Not hard enough to discourage China.
China leads in natural graphite, manganese, cobalt, copper, lithium production. They lead in computers, electronic devices and integrated circuits. Give them TSMC and they are pretty much monopolist in most important industry of our times. That is the leverage they can run the world with. Then you have a new global power – ruled by communists. Talk negative all you want about USA but at least most powerful country for now is a country where discontent citizens can enter its capitol and avoid capital punishment.
Studies what? How fast they’ll destroy their own factories? It’s literally in the contract, so it would be meaningless / fruitless.
Their findings? It took a while but it eventually destroyed their economy. Ruble began free-falling on the open market a few days ago forcing Russia to halt trading y till the new year.
Taiwan is the definition of “be irreplaceable at your job” because of semiconductors.
The economic impact of the war in Ukraine is *nothing* compared to what a potential Taiwan invasion would bring. I doubt China is dumb enough to think anything worthwhile regarding Taiwan could be learned from the situation in Ukraine, at least economically.
Maybe they might look at Ukraine and see if you invade a neighbour and threaten nukes occasionally then the West will keep folding and eventually reward you for it.
“Hmmm Russia seems to be getting away with this invasion thing…HMMMMMMMM……HMMMMMMM”
I think this is the big mistake of the Trump administration campaigning on being the reason for peace and having no wars. It could be difficult to switch stance quickly to being a president handling two or possibly three major wars at once and I think with the cabinet positions he’s picked they could be in for a really tough. Going to war is never easy but this is the best chance that China might have.
Dayum, they are really going to do it aren’t they
The US would love China to invade Taiwan… would let them write off all the money they owe China as a “sanction” lol
China don’t need to worry about sanctions that take long time to work
The need to worry about that naval blockade
This news plus this
https://apnews.com/article/china-taiwan-former-president-ma-xi-jinping-beijing-meeting-1b3651e41b04dbe2fd572afbe9b17b29
Sounds terrible
They can do it for free in the next four years if they offer FailurePOTUS a t-bone and some ketchup.
China is already sanctioned without invading anything. With Trump threatening more tariffs while not even im the office, is it really that hard to come up with a reason why they might want to investigate what US sanction would do to you?
China invades Taiwan that’s WW3 not because its going to be Esspecially violent but because THE ENTIRE MODERN GLOBAL ECONOMY hinges on Taiwan exporting computer chips, the world will immediately grind to a halt to beat China into the dirt, it’ll be chaotic, violent, and probably has a higher chance of being nuclear
It makes no sense in this era to even be fighting over land. Keep the borders as they are and just trade with each other. But no we gotta have all the toys on the playground.