Six Reasons why Backstopping Russia is an Increasingly Unattractive Option for China

Delivering sustainable economic growth
Posted Apr 09, 2022 | Bruegel , Nicolas Veron, Alan Wolf

China has demonstrated pragmatism over time in building its economic position in the world, but prolonging its embrace of Russia would be a major misstep, with massive economic costs, warn Nicolas Veron and Alan Wolff in their Bruegel article. Continuing Russian atrocities against civilians in Ukraine will be further enabled if China sides with Moscow. That would increasingly derail a return to the conditions that made China’s economic growth possible - a global trading system based on non-discrimination that welcomed China as a participant. None of the six reasons set out by the authors in their article point towards China gaining any benefit from aligning more closely with Russia. On the contrary, such alignment would have clear costs.


https://www.bruegel.org/2022/03/six-reasons-why-backstopping-russia-is-an-increasingly-unattractive-option-for-china/

 

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