American policymakers designed sanctions that were intended to deprive Chinese companies of cutting-edge chips, and the technology to make them. But they als...
Sanctions don’t work. Sanctions have never succeeded in regime change. Sanctioned countries can circumvent the sanctions by going around them. In the case of China, China is a 17 trillion dollar economy with a proven consumer market. If sanctions didn’t work on smaller economies, will it work for economic leviathans? Sanctions are a two-way street. Sanctions are a cost to the country being sanctioned and to the country imposing the sanctions. Trade controls on China are actually a sanction on US companies as well. In the EU, sanctions on Russia is a sanction on themselves. Now they have to pay for expensive, more complex energy structures., while a key component to stabilize that is natural gas.
Sanctions don’t work. Sanctions have never succeeded in regime change. Sanctioned countries can circumvent the sanctions by going around them. In the case of China, China is a 17 trillion dollar economy with a proven consumer market. If sanctions didn’t work on smaller economies, will it work for economic leviathans? Sanctions are a two-way street. Sanctions are a cost to the country being sanctioned and to the country imposing the sanctions. Trade controls on China are actually a sanction on US companies as well. In the EU, sanctions on Russia is a sanction on themselves. Now they have to pay for expensive, more complex energy structures., while a key component to stabilize that is natural gas.