• ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
      link
      fedilink
      arrow-up
      10
      arrow-down
      1
      ·
      edit-2
      1 year ago

      China was focusing on dual circulation for a while now because they realized that their dependence on the west for exports is a risk. I’m sure they learned a lot from Russia’s experience with the sanctions as well. Projects such as BRI and BRICS are another factor, we’re now seeing an economy that’s entirely independent of the west develop around China. It’s also very difficult for the west to interfere with this economy because US is getting steadily pushed out of Eurasia. For example, there’s now a trading route going from China to Iran through Russia and Syria.

      And of course, China will always be in a position to retaliate against US with its own sanctions because US is heavily dependent on goods produced in China. We already saw an example of this with Gallium and Germanium exports. US isn’t able to sanction China without massive economic blowback to itself.