21 April 2022

The Russia–Ukraine Crisis Is Bad News For China’s Economy – Analysis

East Asia Forum

Russia’s invasion of Ukraine and the unprecedented sanctions imposed against Russia by the United States, Europe and other countries are negatively impacting the global economy. The European economy is under particular strain due to its dependence on Russian energy and the huge flow of refugees it is absorbing. The direct impact on the Chinese economy is expected to be relatively muted though still negative, at least in the short run.

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