Sanctions on Russia

Amid sanctions on Russia, there is a growing trend of back-door sales via third-party channels in friendly countries – like Kazakhstan.

Six months into the Ukraine war, China has not hesitated to fill the void left by OECD disengagement with Russia – but is taking care not to compromise its own economic interests in the process.

Insights from Craig Kennedy.

As the war and resulting sanctions redraw trade maps in Asia, Iran stands to be the primary beneficiary.

Uneasy with both Russia’s invasion and Western sanctions, India is even more convinced that it must diversify its technology partnerships and develop more homegrown capabilities.

Multinational companies must find new solutions in an era of accelerating deglobalization.

Secondary sanctions on China would be more painful and harder to justify – which makes any unified application unlikely.

China’s mixed signals on the Ukraine crisis extend to the economic realm, long a weak point for Sino-Russia ties.

An exodus of money, technology, and buyers from Russian energy projects may offer an opportunity for China to embed itself deeper in the Arctic.

While China benefits from buying cheap Russian oil, weak demand and expensive oil globally is creating a large commodities supply gap for China.

Russia’s increasing use of the RMB and connectivity with China’s international payment system will struggle to mitigate the fallout of international sanctions.