Russia isn’t the only player at the G-20 concerned about Syria.
A top Chinese official warned today that military action against Syria could damage the global economy by pushing up the price of oil.
Zhu Guangyao, China’s vice finance minister, says “military action would definitely have a negative impact on the global economy, especially on the oil price” — a $10 rise in the price of a barrel reducing growth of the world economy by 0.25 percent.
He made this remark in St. Petersburg, before the gathering of world leaders representing the Group of 20 industrialized nations. President Barack Obama, whose plans are uncertain for any meeting with Russian President Vladimir Putin — an outspoken critic of both U.S. intelligence in Syria and Obama’s plans for a military strike — is expected to meet with China’s leader, Xi Jinping.
As Obama presses his case for retaliation against Syria’s evident deployment of chemical weapons on moral grounds, Tommy Vietor, a former National Security Council spokesman for the president, has taken note of China’s take on the debate:
Well this is a principled position: Chinese official warns military action in Syria could push up the price of oil: http://t.co/LHw2qZMEon
— Tommy Vietor (@TVietor08) September 5, 2013