As Saturday will see the second anniversary of the Russia-Ukraine conflict, Chinese strategists, economists and experts on international relations have recently given their reviews of the crisis. They have a series of key findings, including that Russia will not be defeated by Western sanctions and weapons, and the Russian economy could re-rise in the future; the war is likely to be a long-term conflict; and the West is losing faith and the US might abandon Ukraine if Donald Trump gets elected later this year.

Although China is not directly involved in the Ukraine crisis, Chinese elites and the public have been paying close attention to the situation, as they care about its impact on the Chinese economy and China’s ties with Russia and the West. China has always tried to contribute to the mediation of the crisis and eyed a post-war reconstruction for the two countries, analysts said. They noted that all of these have driven Chinese scholars to make efforts to find valuable information from the conflict and use it to guide China’s policymaking.

Profound changes

The Chongyang Institute for Financial Studies at the Renmin University of China (RDCY) held a senimar on Wednesday to release three major reports about the institute’s researches in the past two years about the Russia-Ukraine conflict, and the findings about future development of China-Russia relations, as well as Russia’s domestic market after Western companies pulled out from the country in 2022.

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“The most important conclusion that we have drawn in the report is that the Russia-Ukraine conflict will become a long-term fight,” Wang said, citing the newly-released report.

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  • @darkcalling@lemmygrad.mlOP
    14•9 months ago

    I’m not sure why anyone thought the US’s sanctions were going to matter? Isn’t Russia’s economy massively backed by trades with countries like Mexico, Brazil, and China?

    Historically they did. Historically just the threat of them sent most countries and companies scurrying to comply out of fear of being hit. The US expected them to work. The EU expected them to work. Even many in Russia have been shocked at how resilient their economy has been to it as have many in the global south. This was a damn-breaking moment, the moment everyone in the global south realized you could challenge and resist the US and win and it is why we have this sea-change moment happening.

    Edit I came off as excessively harsh, sorry. Let’s act like the US sanctions are historically weak and do nothing instead of killing people, bringing down countries and companies, etc. This was not something anyone expected.