The future of US sanctions: economics
Some background knowledge of my question. As far as I know, the impact of US punitive sanctions comes from the fact that the US is the world’s largest economy, with a huge financial market and global trade in US dollars. In view of China’s development in the past few decades and the next few decades, the world will become bipolar or multipolar. Will future US sanctions have the same impact as today, or will we see a world with a competitive economic ecosystem to circumvent these sanctions? I hope this is a suitable place for this problem, if not, please someone point me in the right direction.