Beijing’s Entry Into Sanctions Game Puts Pressure on Washington

For now, the mighty dollar’s status as the world currency appears safe, but China is the world’s second-largest economy and Chairman Xi is intent on surpassing America. America would be wise, though, to avoid over-reliance on sanctions.

AP/Andy Wong
President Xi at the Great Hall of the People at Beijing, October 23, 2022. AP/Andy Wong

By placing sanctions on two of America’s largest defense companies, Beijing is signaling that it, too, can play a game long used by America. With Communist China’s economic clout growing, Washington will need to rethink its overreliance on the use of sanctions to confront global enemies. 

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