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Depreciation of the Japanese yen has boosted Tokyo’s tourism industry.pic.twitter.com/F7Tow20PEH
— ShanghaiPanda (@thinking_panda) October 18, 2024
It’s unlikely the Chinese are actually supplying weapons to the Russians. The relationship is more of the reverse, where China provides economic aid to Russia while Russia provides weapons technology to China.
RT:
China has not been providing lethal weapons to either Russia or Ukraine, and has strict controls on the export of dual-use items, including drones, Chinese Foreign Ministry spokeswoman Mao Ning stated at a press briefing on Friday.
The declaration came after the US on Thursday slapped sanctions on two Chinese firms that make drone engines and parts. Washington claims the companies ship their products to Russia, enabling the country’s military to attack Ukraine with long-range unmanned aerial vehicles.
The US has for the first time imposed sanctions on Chinese entities that it claims are “directly developing and producing complete weapons systems in partnership with Russian firms,” the US Treasury said in a statement on Thursday.
The thing about this sanctions war the US is fighting against every non-homosexual country is that the further you push the sanctions, the less likely these countries are to even try to cooperate with the US.
Right now, there is economic benefit to China in not totally alienating the US, but the more of these sanctions the US piles on them, the less reason they have to continue doing business with the US, the less reason they have not to just send the PLA to the Ukraine or Iran or wherever else.
China is so ultranationalistic that any kind of war would allow the government to ease up on the economy. That’s the conundrum here. China is concerned about their economy so long as they are not involved in a conflict with the US, because unlike democracy countries, in China public opinion is very important.
However, if they were directly involved in a conflict with the US, the people would tolerate a very serious economic downturn. This is a balancing beam that both China and the US are walking. Or maybe it is more akin to a game of chicken. At this point, China must understand that the US is hellbent on open war, and this is going to happen unless the US government loses the ability to project military power in the Pacific sometime soon.
Meanwhile, in American-occupied Japan…
Two cultures are not compatible pic.twitter.com/ac7nmF1Opq
— Asian Dawn (@AsianDawn4) October 19, 2024
