AC,

The sanctions against Russia are working spectacularly. Russian revenues from oil have dropped 46% according to Russian statistics and their exports of other items have crashed too. With vastly increased spending Russia ran a budget deficit of about $25bn in Jan 2023 alone. With sanctions on refined products starting Feb 5, the deficit will wipe out Russian reserves by 2024.

Meanwhile, the EU has energy substitutes for Russian gas and oil and the EU is looking at a 3.5% GDP growth whereas Russia is looking at a 3% drop at least in 2023.

As for China, about 40% of its exports are to the EU and anglophone countries. A 20% tariff on all imports would cost China more than it could ever make from Russia.

Hey shadowminister
I'm guessing you got this same info from the same people who lied about Vietnam (and thought they could wear them down too, and lost), lied about WMD's in Iraq, lied about Syria, lied about coronavirus and more?

You don't ever seem to listen.
China has 1.4 billion people, do you think they have a tenny weeny domestic market that can't exist without sales to the West?
It's not a banana republic, nor is it rice paddies and huts on dirt.
They have high speed rail, where as the US rail... well were not going there.

How much stuff do you own right now that is made in China?
Probably more than what is made here.
- Think about that.

Russia and China can get what they need from each other.
Russia gets access to all the tech and goods the West is pointlessly trying to deprive it of.
While China can get a very large amount of the cheap energy it needs from Russia as well as food.
Chinese industrial output exceeds that of both the US and the EU.
- And both Russia and China are focusing on emerging markets, and China is restarting is manufacturing after the pandemic.

Look here's a chart on EU bankruptcies.
http://twitter.com/disclosetv/status/1631298983166394370/photo/1
Their businesses are going broke and plenty are joining the dole queue, and cant even afford their electricity which has increased in multiples.
What a lovely trend, great way to cut ones nose off to spite ones face.
China will survive Western sanctions (though I'm sure it wants to avoid them if it can), but it's not going to allow a Russia with a US puppet ruler on it's northern border.
And they will come to Russia's aid if it has to, (Why do you think US is making an issue out of it? They are betting Russia will run short on ammunition, given enough time) but the only thing Russia is really in short supply of is drones.

Will the West survive Chinese sanctions?
Probably not, it would send all our economies back to the stone age.

This information was put out by the Russian central bank which means that it could be even worse.

The most likely scenario is that Russia will be beaten out of Ukraine incl Crimea, and in order to get Sanctions lifted will have to pay massive reparations.

Perhaps Putin will even find himself in a cage in the Hague.

AC,

Here is the story of ZTE

"In March 2017, ZTE pleaded guilty to illegally exporting U.S. technology to Iran and North Korea in violation of trade sanctions, and was fined a total of US$1.19 billion by the U.S. Department of Commerce. It was the largest-ever U.S. fine for export control violations.[26][27]

ZTE was allowed to continue working with U.S. companies, provided that it properly reprimand all employees involved in the violations. However, the Department of Commerce found that ZTE had violated these terms and made false statements regarding its compliance, having fired only 4 senior officials and still providing bonuses to 35 other employees involved in the violations. On 16 April 2018, the Department of Commerce banned U.S. companies from providing exports to ZTE for seven years.[28][29][30] At least 25% of components on recent ZTE smartphones originated from the U.S., including Qualcomm processors and certified Android software with Google Mobile Services.[31][32] An analyst stated that it would take a significant amount of effort for ZTE to redesign its products as to not use U.S.-originated components.[33]

On 9 May 2018, ZTE announced that, although it was "actively communicating with the relevant U.S. government departments" to reverse the export ban, it had suspended its "major operating activities" (including manufacturing) and trading of its shares.[32][34] .. On 7 June 2018, ZTE agreed to a settlement with the Department of Commerce in order to lift the import ban. The company agreed to pay a US$1 billion fine, place an additional US$400 million of suspended penalty money in escrow, replace its entire senior management, and establish a compliance department selected by the department.[38]"

China's economy is particularly fragile at the moment and the last thing that China needs is a trade war not only with the US but the EU as well.

As far as China's manufacturing capacity, it is on parity with the US and roughly on parity with the EU. Most of China makes can be sourced from Japan, Korea, Taiwan, Vietnam etc.

The laughable thing about this war is that Russia's GDP was only marginally bigger than Australia's and is probably smaller now and its non-oil manufacturing was mostly owned by western companies who have now abandoned Russia.

Russia's manufacturing sector is about 7% of the size of the US and even less compared to the EU let alone Canada, Australia, Taiwan etc. Most of Russia's ships were built in Ukraine as were its engines.

Without major manufacturing muscle behind it Russia cannot win. China could provide this but cannot afford to piss the US.

China primed for huge tech lead over US in 'wake-up call' for Western democracies, report finds
http://www.9news.com.au/world/china-usa-tech-updates-china-primed-for-huge-tech-lead-over-us-in-wakeup-call-for-west/aad52d23-146b-430a-8cba-5b888ee63d0b
"ASPI's Critical Technology Tracker ranks countries across 44 different technologies in a range of areas..."
The US leads in just seven of the categories, including vaccines, high performance computing and space launch systems.
But China leads across the other 37 categories and is at "high" risk of developing a monopoly in areas as important as hydrogen power, electric batteries and advanced aircraft engines."

China is Fast Outpacing U.S. STEM PhD Growth
http://cset.georgetown.edu/wp-content/uploads/China-is-Fast-Outpacing-U.S.-STEM-PhD-Growth.pdf
"China Is Projected to Graduate Nearly Twice as Many STEM PhDs as the United States by 2025"

Is Putin winning? The world order is changing in his favour
http://www.spectator.co.uk/article/is-putin-winning-the-world-order-is-changing-in-his-favour/
"Vladimir Putin is quite deliberately cultivating this alliance of nations who feel victims of western imperialism, and putting Russia at its head. The West wants to see Russia ‘as a colony’, he said in September. ‘They don’t want equal cooperation, they want to rob us.’"

America Is In Over Its Head
http://www.nytimes.com/2023/03/02/opinion/ukraine-aid-united-states-nato.html
"The greatest blunder President Vladimir Putin may have made so far in Ukraine is giving the West the impression that Russia could lose the war. The early Russian strike on Kyiv stumbled and failed. The Russian behemoth seemed not nearly as formidable as it had been made out to be. The war suddenly appeared as a face-off between a mass of disenchanted Russian incompetents and supercharged, savvy Ukrainian patriots."

China manufacturing activity surges in February
http://tinyurl.com/2p944xxa
"China's manufacturing activity surged to its highest reading in more than a decade in February, official figures showed Wednesday, as factories began to return to normal following years of Covid-19 disruption."

US gets anxious as Russia has survived war of attrition against entire NATO
http://www.globaltimes.cn/page/202303/1286442.shtml
US gets anxious as Russia has survived war of attrition against entire NATO
"The US and the West have found it much more difficult than expected to defeat Russia... Russia alone can already confront the entire West in Ukraine. If they really force China and Russia to join hands, what changes will there be in the world's military situation?"