Ukraine crisis: China’s economy faces ‘minimal’ fallout from sanctions on Russia, despite close ties

Feb 22, 2022 | INVESTING

China’s “robust” trade relationship with Russia could put it in a position to offer economic and diplomatic help to Moscow, as it faces numerous sanctions from the United States and its European allies over its aggression towards Ukraine.China’s economy faces “limited” and “minimal” impact from any sanctions against Russia after President Vladimir Putin formally recognised two breakaway regions in eastern Ukraine on Monday, and China even has the potential to benefit from a potential conflict –…

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