China’s reputation is at stake if Beijing helps Russia in Ukraine war
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According to one analyst, China could face “high reputational risks” if it supports Russia in the war against Ukraine.
Even if China wanted to bail out Russia — either financially or economically — its capacity to do so is very limited, said Robert Daly, director of the Kissinger Institute on China and the U.S.
“Much of Russia’s exposure, China’s exposure to the international financial system remains in U.S. dollars — not in robles and the Chinese currency RMB. The margin could vary slightly, however. [China]He said that he would be willing to pay high reputational fees for such a move.”
Jake Sullivan, the U.S. national safety advisor held an interview Monday “intense” seven-hour meetingYang Jiechi, China’s highest foreign policy advisor in Rome.
Sullivan told Chinese officials during the meeting that the U.S. was concerned Beijing could try to reduce global sanctions. This was amid heightened tensions. reports Moscow requested China’s assistance in providing military equipment to support its invasion of Ukraine.
Russian President Vladimir Putin attended a Victory Day parade to mark the 74th Anniversary of World War II’s End.
Anadolu Agency | Getty Images
Chinese Foreign Ministry spokesman Zhao LijianThese reports were denied by Russia and dismissed Monday as “disinformation”
Zhao said that “the top priority is for all the parties to exercise restraint”, to cool the situation instead of adding to it and work toward diplomatic settlements rather than further aggravating the situation.”
Russia ‘pariah state’
Together with Ukraine, the U.S. and its Western allies have already “already won” the election. information warDaly said, “Against Russia,
“Valdimir Putin is … the bad guy in the eyes of the world,” and Moscow is fast becoming a “pariah state,” he said. Daly said that China should “ask its self if this’s the side it wants to take.”
China had stated on February 4, that it was standing with Russia. But Russia, Cuba, North Korea, Venezuela, Iran — this isn’t really the international club that most Chinese people aspire to be part of. China’s current circumstances push it further in this direction. He noted that there is a reputational danger.
Most shocking would be the Chinese offer to supply military hardware and even lethal weapons for Russia.
This is because there’s no evidence to suggest that China provided any military assistance to Russia. Yun Sun, senior fellow, codirector of East Asia Program, and director at Stimson Center, stated, “This issue will likely raise more questions.”
CNBC spoke to her Tuesday, saying that “there’s not much information regarding what we’re really talking about in terms military assistance.” “It’s not clear if Beijing provided the assistance, or if Beijing only expressed its willingness to do so,” she said.
China could play a pivotal role in the balance
However, some political observers think that China’s willingness to give Russia any form of financial or military aid could prove to be an important step in the right direction and have profound geopolitical implications.
Political risk consultancy Eurasia Group said Monday it “still believes — with only moderate conviction — that China is unlikely to directly assist Russia’s invasion to this degree, as it is attempting to project neutrality in the conflict.”
Analysts stated that China should fulfill Russia’s request to help it invade Ukraine in the next days.
They stated that the most alarming development was China’s agreement to supply military hardware and even lethal weapons for Russia. This would mean Beijing would actively take Moscow’s side during the conflict.
“This development could soon lead to US and EU sanction and will produce a long term geopolitical split between China and West. This would include pressures for greater economic decoupling.”
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