{"id":22037,"date":"2022-03-06T20:40:31","date_gmt":"2022-03-06T19:40:31","guid":{"rendered":"https:\/\/michelsanti.fr\/?p=22037"},"modified":"2022-03-06T20:40:31","modified_gmt":"2022-03-06T19:40:31","slug":"where-is-china-though","status":"publish","type":"post","link":"https:\/\/michelsanti.fr\/en\/china\/where-is-china-though","title":{"rendered":"Where is China though?"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" data-attachment-id=\"22033\" data-permalink=\"https:\/\/michelsanti.fr\/en\/china\/where-is-china-though\/attachment\/chine-russie-2\" data-orig-file=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?fit=1900%2C1445&amp;ssl=1\" data-orig-size=\"1900,1445\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Chine Russie\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?fit=1024%2C779&amp;ssl=1\" class=\"alignnone size-medium wp-image-22033\" src=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?resize=300%2C228&#038;ssl=1\" alt=\"\" width=\"300\" height=\"228\" srcset=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?resize=300%2C228&amp;ssl=1 300w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?resize=1024%2C779&amp;ssl=1 1024w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?resize=768%2C584&amp;ssl=1 768w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?resize=1536%2C1168&amp;ssl=1 1536w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?resize=1200%2C913&amp;ssl=1 1200w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?resize=120%2C90&amp;ssl=1 120w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?w=1900&amp;ssl=1 1900w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>China has been deeply shocked by the butchery that the Russian economy has suffered. The leaders of China \u2013 at every level \u2013 are terrified to fall victim to such strangulation. The West has steadfastly realised that its almighty power of globalisation is \u2013 by all accounts \u2013 a weapon that it alone wields. This is why some US politicians are now seriously considering cutting China off if it continues on what is seen as an arrogant and expansive position. And this is why other hawks \u2013 perceiving the West to be strong, no longer fearful, and having united so quickly \u2013 even believe it possible to exploit a China that is now at the very least in deep trouble and recognise Taiwan.<\/p>\n<p>&nbsp;<\/p>\n<p>China must now make a decision, that could turn out to have serious consequences for it, for a war it did not foresee. Or it didn&#8217;t think would happen, nor did it take seriously the secret reports that were sent by the US warning of an imminent invasion of Ukraine by Russia. This China, that had previously reached a point of absolute defiance against America and everything it stands for, has not been able to fully appreciate the major ramifications of this war instigated by Putin because China and Russia have grown much closer over the last few years.\u00a0It\u2019s probably in light of this close personal proximity between Xi Jinping and Putin that the latter\u2019s cocksure attitude toward his punitive expedition in Ukraine should be understood. Many times in the recent past had the two leaders declared \u2013 and reaffirmed \u2013 the partnership between their two nations that they said was \u201cwithout limitation, without no-go zones, and without finish lines\u201d !!<\/p>\n<p>&nbsp;<\/p>\n<p>While the West is coming out of this front clearly rejuvenated, bolstered, and united by an unprecedented boldness, the reactions \u2013 just like the absence of reactions \u2013 from China are being closely scrutinised. Will China fall further into its autocracy? Xi widely shares Putin\u2019s views when it comes to Western civilisation and both of them have been predicting its decline. So will Xi launch himself head-first into establishing a new world order and stability he would lead in concert with his colleague Putin? At present, a choice must be made, when it is precisely now \u2013 right now \u2013 that Putin needs China the most, but China\u2019s room for manoeuvre is smaller than ever since it has so much to lose. Just a tenth of the sanctions that have been imposed on Russia would in effect wipe out all of the gains China can make out of the Russia\u2019s economy.<\/p>\n<p><em>\u00a0<\/em><\/p>\n<p>The fact is that these two economies are completely unable to integrate because China would not make a worthwhile profit from it due to the miniscule size of the Russian economy, the difference between the two being comparable (to cite Paul Krugman) to the size of Italy\u2019s economy against Germany\u2019s during the era of the Axis that united them in the 1930s. As Russia\u2019s number one trade partner, China towers over the country with the size of its industry, its exports, and its GDP, and therefore really doesn\u2019t have any interest in alienating the giants of Europe and America for the sake of a Russia that is insignificant in economic and financial terms. Once this war is over, the only problem for Russia will be the one where it very quickly becomes a vassal to China.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; China has been deeply shocked by the butchery that the Russian economy has suffered. The leaders of China \u2013 at every level \u2013 are terrified to fall victim to such strangulation. The West has steadfastly realised that its almighty power of globalisation is \u2013 by all accounts \u2013 a weapon that it alone wields.&hellip;<\/p>\n","protected":false},"author":4,"featured_media":22033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"_crdt_document":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"mc4wp_mailchimp_campaign":[],"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[648941287,648941699],"tags":[],"class_list":["post-22037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china","category-russia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Where is China though? - Michel Santi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/michelsanti.fr\/en\/china\/where-is-china-though\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Where is China though? - Michel Santi\" \/>\n<meta property=\"og:description\" content=\"&nbsp; China has been deeply shocked by the butchery that the Russian economy has suffered. 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SWIFT, the international payment system, must now use the yuan that has become the 4th\u00a0biggest currency after the dollar, the euro and the Swiss franc. Long considered to be speculative, the \u201crenminbi\u201d seems to be undergoing a full transformation, with such\u2026","rel":"","context":"In &quot;China&quot;","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/en\/category\/china"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/01\/chine-300x169.webp?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":22072,"url":"https:\/\/michelsanti.fr\/en\/china-financial-victory-without-military-intervention","url_meta":{"origin":22037,"position":1},"title":"China: financial victory without military intervention","author":"Michel Santi","date":"March 14, 2022","format":false,"excerpt":"\u00a0 China\u2019s currency just overtook the once almighty yen. SWIFT, the international payment system, must now use the yuan that has become the 4th biggest currency after the dollar, the euro and the Swiss franc. Long considered to be speculative, the \u201crenminbi\u201d seems to be undergoing a full transformation, with\u2026","rel":"","context":"With 2 comments","block_context":{"text":"With 2 comments","link":"https:\/\/michelsanti.fr\/en\/china-financial-victory-without-military-intervention#comments"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Ctzjc3tWgAAoM7H-300x163.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":24627,"url":"https:\/\/michelsanti.fr\/en\/european-union\/europe","url_meta":{"origin":22037,"position":2},"title":"Europe: a sleeping beauty","author":"Michel Santi","date":"April 24, 2023","format":false,"excerpt":"How not to be shocked by the near-economic disappearance of Europe? The \"acceleration of the European economy\" mentioned by Emmanuel Macron in China this April is a tale that no longer comforts or deceives anyone. Readers: your first electric car will most likely be Chinese, as China has now surpassed\u2026","rel":"","context":"In &quot;China&quot;","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/en\/category\/china"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/04\/europe.png?fit=1200%2C801&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/04\/europe.png?fit=1200%2C801&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/04\/europe.png?fit=1200%2C801&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/04\/europe.png?fit=1200%2C801&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/04\/europe.png?fit=1200%2C801&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":21926,"url":"https:\/\/michelsanti.fr\/en\/china\/for-china-good-news-are-bad-news","url_meta":{"origin":22037,"position":3},"title":"For China, good news are bad news","author":"Michel Santi","date":"January 30, 2022","format":false,"excerpt":"\u00a0 China\u2019s trade surpluses are beating all their historic records. Despite the stagnation of its national consumption, China is racking up trade surpluses in the way of 94 billion dollars per month. This good news is however not so good because the strong correlation between a nation\u2019s trade balance and\u2026","rel":"","context":"In &quot;China&quot;","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/en\/category\/china"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/01\/chine.webp?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/01\/chine.webp?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/01\/chine.webp?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/01\/chine.webp?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/01\/chine.webp?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":29088,"url":"https:\/\/michelsanti.fr\/en\/china\/the-countdown-has-begun","url_meta":{"origin":22037,"position":4},"title":"The countdown has begun","author":"Michel Santi","date":"April 27, 2025","format":false,"excerpt":"In just a few weeks, the White House and the United States have gotten themselves into a situation from which they will have the greatest difficulty escaping. Starting on April 10, trade between the U.S. and China progressively \u2014 but irresistibly \u2014 came to a halt. Cargo bookings, in fact,\u2026","rel":"","context":"In &quot;China&quot;","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/en\/category\/china"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/xii.jpg?fit=676%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/xii.jpg?fit=676%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/xii.jpg?fit=676%2C1200&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":21839,"url":"https:\/\/michelsanti.fr\/en\/china\/china-is-folding-under-the-weight-of-its-own-contradictions","url_meta":{"origin":22037,"position":5},"title":"China is folding under the weight of its own contradictions","author":"Michel Santi","date":"January 3, 2022","format":false,"excerpt":"\u00a0 The gap between the US and China remains wide, with China\u2019s GDP still at only 70% of America\u2019s. Evidently, China\u2019s economic progress has been spectacular, and in this light the 14 trillion dollars that make up China\u2019s aggregate product is nothing short of a miracle compared to the state\u2026","rel":"","context":"In &quot;China&quot;","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/en\/category\/china"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2021\/12\/Chine-Xi-jinping-baisse-pauvrete-empeche-lexplosion-inegalites_0.jpg?fit=729%2C469&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2021\/12\/Chine-Xi-jinping-baisse-pauvrete-empeche-lexplosion-inegalites_0.jpg?fit=729%2C469&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2021\/12\/Chine-Xi-jinping-baisse-pauvrete-empeche-lexplosion-inegalites_0.jpg?fit=729%2C469&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2021\/12\/Chine-Xi-jinping-baisse-pauvrete-empeche-lexplosion-inegalites_0.jpg?fit=729%2C469&ssl=1&resize=700%2C400 2x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/22037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/comments?post=22037"}],"version-history":[{"count":2,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/22037\/revisions"}],"predecessor-version":[{"id":22039,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/22037\/revisions\/22039"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/media\/22033"}],"wp:attachment":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/media?parent=22037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/categories?post=22037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/tags?post=22037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}