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The growing US obsession with technological blockades against China may actually be a manifestation of a lack of confidence in its own development, which is why it has opted to use blockades and sanctions to maintain its technological advantages and hegemony.
Whether in the United Nations or in the WTO, which now urgently needs reform, Washington's approach has constituted the greatest challenge to the existing international order.
At the second anniversary of the outbreak of the Russia-Ukraine conflict, it is both disheartening and worrying for the global economy to witness the West once more intensifying sanctions against Russia and even extending them to third countries, rather than reflecting on and acknowledging the past mistakes and economic perils associated with the indiscriminate use of sanctions.
The Chinese Embassy in the US has harshly criticized Washington’s latest trade restrictions against Chinese entities over the Russia-Ukraine conflict, saying the move is typical economic coercion, unilateralism and bullying, Russian news agency TASS reported on Saturday.
The awkwardness of AUKUS is surfacing. It is not workable on so many levels. Relevant parties’ calculations and internal divisions may at the end of the day lead to an acceleration of the sinking of AUKUS.