China should really be thanking the US for taking the initiative on doing trade protectionists measures for them. All the sanctions end up doing is creating commercial vacuums that are filled by domestic competitors. If China started passing protectionist measures on their end, there would be a huge stink about it, but since US is doing it for them the government doesn’t have to take any heat domestically.
Don’t forget the sanctions on Russia, which have irreversibly tied Russia to China as a junior partner. Russian store shelves are mostly filled with Chinese goods now.
China should really be thanking the US for taking the initiative on doing trade protectionists measures for them. All the sanctions end up doing is creating commercial vacuums that are filled by domestic competitors. If China started passing protectionist measures on their end, there would be a huge stink about it, but since US is doing it for them the government doesn’t have to take any heat domestically.
Don’t forget the sanctions on Russia, which have irreversibly tied Russia to China as a junior partner. Russian store shelves are mostly filled with Chinese goods now.
Indeed, trade between Russia and China is at over 200 billion already and it’s only going to go up.