Economic sanctions one step short of what comes next. Russia is not backing down IMHO neither is China with its economic measures.
Germany’s auto industry crippled by the chip export decision coming from China in recent days.
Peter Hitchens wrote early on the likely winner of the Ukraine War would be China.
Just did some AI queries.
Rosneft and Lukoil were already under UK and EU sanctions. Doesn’t seem to have meant anything then or now. Hong Kong remains the banking center of Asia and that is where the assets will live.