... general deterioration of US-China relations and a number of other US attacks against Chinese firms. The Huawei saga is the best illustration of this point. At the same time, 2019 demonstrated that international businesses (including companies from the EU, China, Russia and other countries) were seeking to comply with the US sanctions regimes, despite the nature of their countries’ political relations with Washington. Businesses would like to distance themselves from politics and avoid the risk of being involved in US investigations, even though unilateral sanctions are ...
... with its annual military spending of $50–60 billion considered as America’s most dangerous rival in the 2020 budget? Why is China perceived as a strategic challenge, despite spending only a third what the United States does on its defence? And why is ... ... excessive fat, not at all related to national security strengthening. For example, lawmakers obliged the administration to impose sanctions on Russia’s Nord Stream 2 and Turkish Stream gas pipelines - apparently with the aim not to start the lengthy process ...
... well be waged between partners, an escalation of sanctions is a sign of more fundamental problems in relations, particularly if sanctions cease to be episodic and crystallize into a strategy.
Several factors can influence the conversion of the anti-China sanctions into a strategy. First, there is a history of restrictions against China. Beijing came under brutal sanctions in 1947 and had to live with them until the late 1960s, when they started being watered down. But after the Tiananmen Square events,...
... India are all signs of major concern for the custodian of the global reserve currency.
New World Begets a New Bank
As a default mode, China should also beware that “the sanctioned objects in the mirror are closer than they appear.” In other words, China may also be a subject to sanctions at one point partially or fully.
Tristan Kenderdine:
US–Iran Conflict Would Strengthen China’s Position in the Middle East
China, Russia, India, Brazil, and South Africa are the founding members of the
New Development Bank
. NDB’s 2017–2021 ...
... make the decision to completely or partially exempt the states that are members of the coalition from the Iranian “oil” sanctions. For India, for instance, such a decision would be a major additional stimulus to join the coalition. Naturally, it ... ... regional collective security system.
The idea of international patrolling of the Strait of Hormuz with the participation of China, India, and Russia is naturally vulnerable to criticism, particularly in today’s charged environment. There will be people ...
... gas being offered at acceptable or even lower prices. Yet the US is affecting the freedom of choice between such sources by imposing sanctions, in particular, on Iran and Venezuela. Until recently, these countries were important suppliers of oil to China.
US Sanctions against Iran
The international agreement known as the 2015 Joint Comprehensive Plan of Action (JCPOA) lifted international sanctions previously imposed on Iran. China, France, Germany, Russia, the UK, the US, and the EU were parties to the JCPOA....
On June 30 – July 2, 2019, St. Petersburg hosted a regular annual symposium of the Financial Services Volunteer Corps.
On June 30 – July 2, 2019, St. Petersburg hosted a regular annual symposium of the Financial Services Volunteer Corps.
Ivan Timofeev, RIAC Program Director, attended the symposium. The discussion focused on the issues of global economy, political relations between the great powers, and global socio-economic trends.
... surging US–China trade. Although some residual sanctions still linger in the defence sector, China has been successful in offsetting these restrictions by buying from Russia.
That being said, it is not uncommon for Chinese companies to face secondary sanctions,and China’s case is quite different from European companies. First, SDN designations are a common occurrence for Chinese companies and individuals, with as many as 150 of them currently on this list. Most of them were listed for failing to comply with the ...
Any US action in Iran would profoundly benefit China’s interests in Iran and strengthen its position across the region
China’s rise in the Middle East is not simply a case of debt-trap diplomacy or expanding Chinese influence, it requires an ideological shift to accommodate a new regional player ...
... guarantees at all that other Russian global companies will not be subjected to the same treatment.
The intrigue of 2019 will be the introduction of US sanctions against Chinese companies. The case of Huawei will play a key role in this respect. By imposing sanctions on China’s ZTE, the Americans made the company almost fully subordinate to the US authorities: there are high fines, dismissal of employees guilty of violations and presence of US observers. The bad situation may change for the worse if the Americans transfer ...
