Commentary With war in the headlines and market volatility at an extreme, you might have missed this tidbit in Monday’s Epoch Times, entitled “China, Russia Trade Surges Amid Ukraine War”: China’s “exports to Russia rose by 41.5 percent in the first two months (of 2022) compared to the previous year to $12.6 billion, topping growth with other countries, while imports from Russia rose 35.8 percent, customs data showed. “After developing close ties in recent years to align against the United States and its allies, Beijing and Moscow announced earlier last month a “no-limits” partnership and no ‘forbidden’ areas of cooperation.” As if to reiterate the point, Chinese Foreign Minister Wang Yi stated on Monday (as reported by Xinhua): “No matter how precarious and challenging the international situation may be, China and Russia will maintain strategic focus and steadily advance our comprehensive strategic partnership of coordination for a new era.” The financial sanctions …
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