Why sanctions on Russia matter differently for China

How might Western companies leaving Russia affect Chinese thinking about Taiwan?

It increases the warning value, although China's much deeper integration into the global economy makes the comparison difficult.

Larger economic consequences for Russia would give Chinese leaders more reason to examine the cost of a Taiwan operation. Russia could be isolated comparatively quickly because it was less deeply embedded in the global economy. China, by contrast, was tied much more extensively into international manufacturing, trade, investment, and corporate supply chains. That integration raises the possible cost on every side and makes any attempt at economic separation more difficult. Economic exposure therefore belongs alongside the military calculations discussed elsewhere in the stream.