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China is slowly joining the economic war against Russia?

I recently shared a chart on Twitter showing Chinese exports of ball bearings to Russia. Here it is: Having accelerated after Putin's invas...

Along with OFAC's introduction of secondary sanctions, there has also been a big step-up in U.S. export controls, which are overseen by a different agency, the U.S. Department of Commerce's Bureau of Industry and Security("BIS"). These new rules, which have been described as a BIS "force multiplier" of OFAC's sanctions program, are intended to assert influence over a broad cross-section of dealers that specialize in indirectly re-exporting goods to Russia. However, over the last three months Tier 1 exports to Russia's neighbours have plunged below even pre-invasion levels.So no, the theory that third-parties have replaced direct China-Russia trade is not borne out in the data.

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