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MERICS China Podcast

How China and Russia approach sanctions, with Francesca Ghiretti and Maria Shagina

Jul 19, 2023
Francesca Ghiretti, MERICS Analyst, and Maria Shagina discuss China and Russia's approaches to sanctions. They cover topics such as China's sanction regime, unofficial sanctions, EU sanctions on Russia, Russia's evasion tactics, and the challenges of sanctions enforcement.
32:11

Podcast summary created with Snipd AI

Quick takeaways

  • China has developed its own legal tools to respond to potential sanctions and targets individuals and small companies.
  • EU sanctions on Russia have expanded in scope and impact, and Russia employs strategies to bypass and mitigate their effects.

Deep dives

China's Evolution of Sanctions Thinking

China's thinking on sanctions has evolved in response to changes in the geopolitical environment, particularly in relation to competition and confrontation with the United States. China has developed its own legal tools to respond to potential sanctions, such as the unreliable entity list and the anti-foreign sanction law. They have imposed official sanctions in response to sanctions from other actors or perceived breaches of red lines. China also targets United States individuals specifically rather than other actors. China has passed the foreign relations law, which strengthens its ability to respond to economic coercion from the West and promotes its own vision for global regulations and standards.

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