4 Items

Russian President Vladimir Putin, left, and China's President Xi Jinping shake hands prior to their talks on the sideline of the 11th edition of the BRICS Summit, in Brasilia, Brazil, Wednesday, Nov. 13, 2019.

Ramil Sitdikov, Sputnik, Kremlin Pool Photo via AP

Analysis & Opinions - Barron's

Russia and China Are Hard Targets for U.S. Sanctions. That Could Be a Problem.

| Feb. 29, 2020

When wielded effectively, U.S. sanctions have weakened targets like Iran and North Korea without impacting the global economy. But against authoritarian heavyweights like Russia and China, this may no longer be the case. America’s policy options are narrowing.

President Donald Trump, left, poses for a photo with Chinese President Xi Jinping.

AP Photo/Susan Walsh

Analysis & Opinions - Belfer Center for Science and International Affairs, Harvard Kennedy School

A Financial Statecraft Strategy for the United States to Address the Rise of China

| July 01, 2019

Washington should adjust its coercive economic strategy to reflect a broader use of tools beyond sanctions. Given the degree of political interference in China’s banking system via formal state ownership and the indirect influence of opaque party committees, penalties imposed against the country’s banks are unlikely to produce a meaningful change in behavior.