China's balancing act on Russian invasion of Ukraine explained

Beijing’s balancing act – seen in its decision to abstain from a United Nations Security Council vote condemning the invasion – will grow harder to maintain the longer the fighting continues, especially as the Russian army resorts to even more brutal methods and the Russian economy continues to dete...

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Bibliographic Details
Published inThe Conversation U.S
Main Author Torigian, Joseph
Format Newspaper Article
LanguageEnglish
Published Boston The Conversation US, Inc 10.03.2022
Subjects
Alliances
Fines & penalties
Sanctions
Beijing China
Asia
China
Europe
Ukraine
Russia
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Summary:Beijing’s balancing act – seen in its decision to abstain from a United Nations Security Council vote condemning the invasion – will grow harder to maintain the longer the fighting continues, especially as the Russian army resorts to even more brutal methods and the Russian economy continues to deteriorate. [...]the Asian Infrastructure Investment Bank, a development bank that China launched and in which it holds 27% of voting power, halted its work in Belarus and Russia in protest of the invasion of Ukraine. The timing of the joint declaration came on the eve of the Olympics in Beijing, and Putin’s presence at that event contrasted strongly with the absence of Western leaders, many of whom imposed a diplomatic boycott.