Sanctioning China in a Taiwan crisis: Scenarios and risks
Global Economy & Business
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22-Jun-2023
In recent months, growing tensions in the Taiwan Strait as well as the rapid and coordinated G7 economic response to Russia’s invasion of Ukraine have raised questions—in G7 capitals and in Beijing alike—over whether similar measures could be imposed on China in a Taiwan crisis.
Over the past year, the teams from the Atlantic Council and Rhodium Group have hosted a series of in-person roundtables in both the US and Europe to understand the economic statecraft tools that would be available to G7 countries and assess the costs of possible sanctions responses to the US, European, Chinese, and global economy.
This event introduces the key findings of the report and explains the thinking behind the economic costs associated with each scenario.
ORIGINAL AIRDATE: 6/22/23