How do you think China would respond to this crisis? your thoughts please.
China has made its impressive economic breakthrough on cheap coal. Then coal deposits in China began to run out and now China is the most energy-deficient country in the world. Western sanctions are pushing Russia to turn its back on Europe and divert more oil and coal to Asia, including China. If the sanctions last long enough to destroy the economic ties between Russia and Europe, China will become one of the main beneficiaries of this crisis.
Indeed, China is the big winner here. Russia probably wouldn't be in as dependent as state as North Korea is but if the Western powers do push through those sanctions, Russia wouldn't really have much alternatives but to sell to China at lower rates than it would have wanted.