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China Spy Think Tank Advising Xi Predicts Russia Sanctions Will Backfire

  • Analyst predicts heavy costs, discord for U.S. and its allies
  • Beijing weighing how closely to support partner after invasion
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WATCH: Russia’s attack on Ukraine is leaving its ally China in an awkward position.Source: Bloomberg
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Sanctions leveled on Russia will ultimately cause more damage to the U.S. and its allies, a research group that advises Chinese President Xi Jinping said, as Beijing weighs how much backing to give its close diplomatic partner.

Russia has largely adapted to dealing with punitive financial measures since 2014, when it was penalized for seizing Crimea, Ma Xue, an associate researcher at the China Institutes of Contemporary International Relations, wrote in an article published on social media Tuesday. U.S. and European allies will wind up suffering for supporting Ukraine, said Ma, whose research body is linked to the Ministry of State Security, China’s civilian intelligence agency.