KEY POINTS
• For China, the speed and severity with which the U.S. and its allies sanctioned Russia is a warning sign that could guide future economic and foreign policy.
• “This is a very multilateral moment,” said Reva Goujon, senior manager for the China corporate advisory team at Rhodium Group.
• Beijing has refused to call Russia’s attack on Ukraine an invasion. China has focused on promoting negotiations between Russia and Ukraine, and it opposes the economic measures that have been taken against Russia.
