Hacker News new | ask | show | jobs
by veganhouseDJ 1569 days ago
I think they will play the hand as dealt but I don't think the conflict is worth it to them overall. There has already been a record sell-off in Chinese government debt the past few weeks.

This is such a fragile time after 2 years of COVID for the global economy. Even the Belt and Road countries being dragged down with Russia can't be worth it to them.

Not to mention they have their own economic/banking issues that they were probably hoping for a strong global recovery to help out with.