China sees strategic advantage in Russia’s Ukraine invasion

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China sees strategic advantage in Russia’s Ukraine invasion
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The Chinese government has made clear that it will remain a strategic ally of Russia despite President Vladimir Putin being viewed globally as the aggressor in the war

Friday toward what it called possible “illegal unilateral sanctions” imposed by the international community in response to the Ukraine invasion that could harm China-Russia trade. “We demand that relevant parties, in handling the Ukraine issue and relations with Russia, shall not harm the legitimate rights and interests of China and other parties,” said Wang. “China and Russia conduct normal trade cooperation in the spirit of mutual respect, equality and mutual benefit.

That may already be happening. Two of China’s state-owned commercial banks, Bank of China and Industrial & Commercial Bank of China, havefor purchases of Russian commodities in an apparent move to limit exposure risk to international sanctions against Russia, Bloomberg reported Friday. The administration has made clear, however, that countries that support Russia’s aggression — including China — will pay a price for that complicity. “Nations that side with Vladimir Putin will inevitably find themselves on the wrong side of history. Nations that try to evade or work around these measures will experience the consequences of those actions,” a National Security Council spokesperson said in a statement.

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