Beijing intends to retaliate with harsh measures, if Washington imposes sanctions on China due to the discord between Russia and the US over the Ukrainian crisis, Chinese Foreign Ministry Spokesman Zhao Lijian said on Thursday, according to TASS.
"In the process of settling relations with the Russian Federation, the US is not entitled to impose so-called sanctions against Chinese companies and individuals," the spokesman stressed at a briefing. "Otherwise, China will provide a resolute and serious response."
According to the diplomat, Washington’s sanctions against Russia will not do anything to solve the Ukraine dilemma. "On the contrary, the US creates more headaches this way," he added.
As Zhao Lijian noted, Washington’s actions not only cause economic damage to the sides, but also "have a [negative] impact on the political settlement process."
Ch1ef_Walrus on March 10th, 2022 at 18:41 UTC »
Make no mistake, a situation where the western world and china cut each other off would result in a total restructuring of the entire global economy. We're not talking "damn this sucks, but wait it out as best you can," we're not even talking renovations, we're talking "tear it all down and start again".
China doesn't just make cheap goods we consume. More crucially, they make the components that allow Western companies to manufacture everything from cars, to coffee makers, to sofas. They might make the copper wires used inside the coffee maker, or they might manufature the machine parts used on its assembly line. They might even just make a special kind of bolt required for just one of those machine parts. The scale and breadth of global supply chains are so mindbogglingly large, there is almost nothing you consume today that did not depend on China in some way, shape, or form.
Edit: A lot of the comments are discussing the actual potential feasibility of breaking away from reliance on China - I'm not suggesting it'd be disastrous over time and on the West's own terms, or even undesirable - I'm talking about a scenario where the West had to suddenly and rapidly break down all economic ties to the Chinese, a la the current situation with Russia.
MutilatedLives on March 10th, 2022 at 18:00 UTC »
Has there even been any mention of U.S. sanctions on China? Wouldn't that be self-harm considering the U.S. economy relies on China?
I_Mix_Stuff on March 10th, 2022 at 17:39 UTC »
Hello from South America, we got some cheap labor here.