Who put sanctions against China? Where does China come in in this equation? China is not a participant in any of these wars.
Of course every country will be affected.
In the past,The Americans put alot of economic sanctions on Russia,China and Iran.To make matters worse,they even provoked the Russians in the Ukraine war which had an impact on global economy.How are the Russians,Iran and China retaliating?They are supporting the Houthis.That technically means that the Houthi rebel groups (Russia/Iran) are attacking American and European ships but not Russian or Chinese Ships.That means that USA/Europe global trade will be affected due to high shipping cost and lost business.The USA EU goverment bonds will lose value,The Interest rates will go up,The banks will lend money to citizens and corporations at high rates,That means economic slowdown in both Europe and USA.After the Ukraine war,How many regimes in Europe have been ousted?To make matters worse,The Middle East crisis will lead to high gas and fuel prices especially in Europe.Thats because 30% + of gas fuel imports are from ME&Russia.That means an economic crisis hence political crisis in the West.
Putin is a legend.Disrupt global trade in the red sea,Russia is a major oil and gas station,High gas prices is a major benefit to the Russians,Iran & China while a disadvantage to the west.As the war escalates,The dollar/Euro/pound weaken,The world order changes.
Lastly,Any Ship carrying any hardware meant to supply the NATO military complex needs to find a different route.
(A) Entity list-117 Trade sanctions on China.
Indirect sanctions through Tariffs-Over $200BN USD.That is over 30% of USA China Trade annually.
(B) Russia & Iran Major Trading Partners?It's China.That means USA Europe sanctions on Iran & Russia have a big effect on the Chinese Economy.So When the USA gov outs tariffs on Chinese goods,It means less demand for China industries and less demand for oil and gas from Russia.When the USA also supports the Ukraine War,It affects the Chinese economy due to slower economic activity in Russia.
C) Europe imports over 30% of its oil from Russia & ME.That means a crisis in the Red sea which affects trade means a slower economy in Europe.What makes matters worse,If the conflict escalates,that means high fuel n gas prices for European industries,that makes the European commodities not competitive against Chinese products.It also means high cost of transport and food.It means a weak economy and political social unrest like we saw in France.
D) Who are the biggest buyer of USA gov bonds?It's China and Offshore countries like Cayman Islands where the Russians hide.A weak economic activity in USA & Europe means high interest on USA gov bonds,Who earns the high interest?It's the lender,The Chinese,Russians.That means high interest rates for banks,companies and people.Is that good politics?Is it good for the dollar long term?
The events by Houthis should not be isolated as terrorist events but regional politics.Remeber Putin visited Bin Salman weeks ago,Who knows what they discussed?