Ukraine crisis: US warns China against helping Russia

[Celerity]

The US says China will face harsh "consequences" if it aids Russia in its invasion of Ukraine, according to US media reports.

https://www.bbc.com/news/world-asia-china-60732486



Unnamed officials reportedly told multiple US news outlets that Russia asked China to provide military assistance after it began the invasion.

The Chinese foreign ministry described the allegation as disinformation from the US. The exchanges come as top US and China officials prepare to meet in Rome.

US media outlets, citing Washington officials, say that Russia has in recent days asked China specifically for military equipment, including drones.

In a CNN interview, US National Security Adviser Jake Sullivan said they were "communicating directly, privately to Beijing that there will absolutely be consequences for large-scale sanctions evasion efforts or support to Russia to backfill them".

snip

[Tickle]

1. I don't think China cares

what we think. They make pretty much everything we eat wear and use. Corporations have sold their souls to China for a profit

[Scrivener7]

2. They do care, though.

https://www.democraticunderground.com/?com=view_post&forum=1002&pid=16477286

[Ford_Prefect]

3. The economic impact on China would be significant.

[Ferrets are Cool]

4. Empty warnings IMO

Hell, China owns half of our debt. While it's doubtful they will call it in, they can hold it over our head at any moment. They don't need us like we need them. I hate that last sentence, but it is true.

[gab13by13]

5. Not true, China owns 19% of our debt,

about $1.1 trillion
China owns about $1.1 trillion in U.S. debt, or a bit more than the amount Japan owns. Whether you're an American retiree or a Chinese bank, American debt is considered a sound investment. The Chinese yuan, like the currencies of many nations, is tied to the U.S. dollar.

Pressure needs to be put on China to not help Russia and not just from the US.

[Celerity]

8. That is also wrong, as the US National Debt is over $30 trillion now.

https://www.usdebtclock.org/



you said

China owns 19% of our debt,
about $1.1 trillion
China owns about $1.1 trillion in U.S. debt, or a bit more than the amount Japan owns.

That is also wrong in another way (besides the % held by China being far lower than 19% of the total US national debt).

They now own less than Japan, have for a fairly long time.

https://ticdata.treasury.gov/Publish/mfh.txt

[gab13by13]

10. According to your figures

In relation to foreign countries we owe China 1.1 trillion dollars, correct?
In relation to foreign countries we owe China roughly 7% of our foreign debt.

I was correct about the amount but wrong about the %, correct?

I understand that we owe most of our debt to ourselves.

Wait I did that wrong; recalculate.

1.1 trillion divided by 7.7 = 14% of foreign debt.

[Celerity]

9. Half? No, and no, not 19 per cent either. Try around 3.5 per cent.

https://upload.democraticunderground.com/100216480673#post8

[gab13by13]

11. What is 7.7 trillion divided by 1.1 trillion?

[Celerity]

13. that is not how you figure out the percentage, you have it reversed

and you said debt, not just foreign-owned treasures


13.8% of foreign owned US treasures are held by China, as of the end of Q4 2021

[blogslug]

6. Let me preface that I may be an idiot, but

What's stopping China from gobbling up Russia like a snack?

[Casandia]

7. I agree

since Russia’s army is so busy elsewhere…..

[Celerity]

12. this

[themaguffin]

14. Ultimately, as a huge trading partner w/us, I don't see much upside for China helping them