Editorial 08.05.2023

Russia is persevering. The Western alliance has not managed to bring the aggressor to its knees by halting trade, despite its economy also being urgently dependent on spare parts and intermediate goods. Circumventing the sanctions is considered a big reason. But China, with its vast and diverse economy, sees itself as Russia’s trading partner and does not even consider joining the sanctions. Felix Lee spoke with economist Gabriel Felbermayr, who sees this as a critical reason for the West’s miscalculation.