Explain this argument with details using the case study example " Economic Sanctions disproportionately affect the ordinary citizens whilst barely affecting the elite. So, this can exacerbate poverty and other related issues."

Please provide your own rational views (can take help from internet but your own words) when economy is controlled by a single Communist party of china with vision of become global power. subsidizing industrial output to capture other markets with its below cost pricing to gain market share and become dominant and leading supplier of all goods and services. Recent sanctions on Huawei and other chinese companies reflected how state sponsored companies able to dominate capitalist economies with destroying local businesses within a short period of time. With western and other asian economies realising this and now securing the supply chains back to secure lines along with moving part of production domestically. Explain the effects of deglobalisation on china future? (chna who was looking for made in china vision in 2025)

Rise of China and its effect to the Asian Region Statement of the position Supporting evidence or facts (multilateral/bilateral agreements, conventions, specific cases, etc.)

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working