Sanctioning China Will Work No Better than Sanctioning Russia
The United States and Europe are currently erecting trade barriers to mitigate the perceived threat of Chinese economic coercion. But the underwhelming impact of the unprecedented sanctions imposed on Russia suggests that adopting a similar approach toward China will not yield better results.
MILAN – As the war between Israel and Hamas intensifies, global attention has largely shifted from Ukraine to Gaza. But while this is understandable, it would be a mistake to overlook the situation in Ukraine. With Vladimir Putin’s war of aggression approaching its second anniversary, it is crucial to understand why the unprecedented Western sanctions imposed on Russia have had such a limited effect.