Ukraine-Related Sanctions: Lessons for a Taiwan Conflict Scenario

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Ukraine-Related Sanctions: Lessons for a Taiwan Conflict Scenario - The Diplomat

Quick Summary:

EU trade leverage over China is also unlikely to wane in coming years; since 2019 the bloc’s imports from China have grown by a whopping 42 percent, highlighting how European firms are struggling to reduce economic reliance on China.

Such tensions would make it far more difficult for America and Europe to collaborate on sanctions in a Taiwan conflict scenario, weighing on the robustness of Western economic statecraft measures against Beijing.

Seen from China, joint G-7/EU measures curbing shipments of such goods to developed economies would be painful: shipments of electronic and electrical goods to G-7-EU countries account for 13 percent of Chinese exports.