It is time for China to decide whose side it is on

 

 

Admitting that China made a mistake in lending its support for Russia's war against Ukraine may mean a loss of face for President Xi Jinping, argues Ukraine's ambassador to Japan Sergiy Korsunsky this week, but China will pay a much higher price if Xi continues to back Russia's invasion.
 
"Major Chinese state-owned banks and companies are already having to reconsider exposure to Russia, and any advantage extracted from the devaluation of the ruble and the plummeting Russian equities could be tainted by any affiliation with Putin," writes Korsunsky. "Russia has helped China draw U.S. attention away from Asia, but starting a war in Europe is surely not helping Beijing."