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http://www.igorsushko.com/2022/03/china-and-russias-domestic-insanity-4th.html

Not only that, Xi Jing Ping was considering a takeover of Taiwan in autumn – he needs his own small
victory to be re-elected for his 3rd term – there’s a colossal internal fight between the elites.
Now after the events in Ukraine, the window of opportunity (to take Taiwan) has been closed.
This gives the US an opportunity to blackmail Xi and also negotiate with his rivals on favorable terms.