EXPLAINER
China, on one side sees US and Europe as commercial partners of necessity, on the other, it treats Putin and Russia as friend and confidant.
Amid the ongoing war between Russia and Ukraine, the ever growing equation between Beijing and Moscow is a cause of concern for the West. White House fears that the war and the subsequent santions on Russia may lead to ever closer ties between Beijing and Moscow. At a time when the West has imposed strict economic sanctions on Russia, China continues to support it in every possible way.
China's ambassador to the United States said Sunday, that his country was not sending weapons to Russia for use in Ukraine, but he did not definitively rule out the possibility Beijing might do so in the future. Earlier on Friday, US President Joe Biden made it clear to his Chinese counterpart Xi Jinping, over the phone, that there would be 'consequences' if Beijing provided material support to Moscow.
Read | DNA Explainer: How reliant world is on Russian gas, what's the alternate option?
Like many other countries of Europe, the Russia-Ukraine war is bad for the economy of China.
China imports the largest quantity of oil and the conflict has pushed prices to their highest levels since 2008.
China needs energy, metals, minerals to fuel its economy and agricultural products to feed its huge population.
Both Russia and Ukraine are major suppliers of wheat and other food products to the world.
United Nations has warned that the war could drive food prices between 8% and 20% higher this year.
President Xi Jinping also acknowledged this week that Western sanctions will have a huge global impact.
Impact will range from finance, energy, transportation and stability of supply chains, already ravaged by the pandemic.
Xi Jinping closeness to Putin may also damage its reputation and alienate it from the West including Europe.
Russia's war in Ukraine has also shifted geopolitics to China's disadvantage.
The war in Ukraine has instantly created unity between Europe and America, and within the EU since Cold war.
NATO now has a clearer purpose and a new sense of urgency, increasing risk for China that its mission might expand into Asia.
In all these ways, a quick end to Russia's war on Ukraine would be of more advantage for China.
Read | DNA Explainer: How Ukraine-Russia war will impact export of various commodities?
Xi Jinping agrees with Europe on the importance of diplomacy to end the war as it tries to get out of the shadow of being Russian sympathiser.
China, on one side sees US and Europe as commercial partners of necessity, on the other, it treats Putin and Russia as friend and confidant.
President Xi Jinping also realises that his power to force Russia and its leader Putin to end the war in Ukraine is limited.
Vladimir Putin will continue this war until Russia achieves something he can credibly claim as a lasting victory.
In 2021, China's trade with Russia topped out at USD 147 billion.
China's trade with the United States was USD 756 billion in 2021.
In 2021, China's trade with the European Union was USD 828 billion.
US and European companies have done invaluable investment in China.
These new technologies will help China in its economic rise and political stability
Delhi Election Result 2025: AAP's Arvind Kejriwal vs BJP's Parvesh Verma; key contests to watch out
Bank holidays in February 2025: Check if banks are open or closed on February 8?
Cristiano Ronaldo sends heartfelt retirement message to former Real Madrid teammate Marcelo Viera
Jeet Adani, Diva Shah are now married! Here's why their wedding was more than a mere celebration
IIT-BHU student gets highest package of Rs..., average package in 2025 is...
Music composer Anu Malik sells two Mumbai flats in Santacruz West for Rs..., co-owner is...
Jeet Adani and Diva Shah are now married; video of varmala ceremony goes viral, WATCH
Jeet Adani-Diva Shah wedding: Gautam Adani shares first pics of son's wedding, see here
Can Kejriwal win prestige battle? What are the key factors that dominated Delhi assembly polls 2025?
Subhash Ghai makes big investment, buys plush 4BHK apartment in Mumbai for...
Metovalex App Review 2025: Legit Or Scam Trading AI? - Real User Facts!
Deepinder Goyal's Zomato rebranded Eternal: Everyone has the same question
Thief gifts Rs 3cr house to girlfriend, everyone shocked after...
Who is Meghnad S? YouTuber and journalist who contested Delhi assembly polls 2025 from...
Does Sanya Malhotra's 'Mrs' promote a no-marriage culture among women?
BIG blow to Sundar Pichai as Google loses Rs 17501260000000 due to…
Caring for Ageing Parents? Essential tips to manage health, finances, and well-being
Jeet Adani-Diva Shah wedding: Inside pics from Gautam Adani's son's wedding festivity
Meet Gautam Adani’s daughter-in-law Paridhi Adani: Know about her assets, career, family, and more
Why has Premanand Maharaj stopped his morning yatras at 2 am?
Sonu Sood BREAKS SILENCE on arrest warrant against him in fraud case: 'It is sad that celebs...'
Akshata Murty once confronted her father and Infosys co-founder Narayana Murthy: 'My real dad is...'
Meet Alexis Wilkins, Trump's FBI chief pick Kash Patel's 'mystery girlfriend,' her profession is...
Fire breaks out at Mahakumbh Nagar camp, officials say no casualties reported so far
Who is Mohini Mohan Datta, mystery man set to get Rs 500 crore through Ratan Tata's will?
Cristiano Ronaldo makes shocking statement, breaks Portugal's hearts: 'I never thought about...'
Ludhiana court issues arrest warrant against Sonu Sood in fraud case
Happy Rose Day 2025: Significance of different coloured roses on Day 1 of Valentine's week
Salman Khan REVEALS why he avoids eating beef and pork: 'Main maanta hu meri maa...'
Shah Rukh Khan-Saif Ali Khan vs Aryan Khan-Ibrahim Khan: Who should be in KHNH2!
Why Israel's Benjamin Netanyahu gifted Donald Trump golden pager? It is a reference to...
Mob in Bangladesh destroys ousted PM Sheikh Hasina's family home
ISRO's EOS-06 satellite captures Phytoplankton concentration on global scale
IND vs ENG: Will Virat Kohli play in 2nd ODI vs England? Shubman Gill provides huge injury update
Who is Kiran Chaudhury? PCS officer caught in bribe case, just 4 years after posting
Jeet Adani-Diva Shah's wedding today: Know venue, gifts for guests and more
Meet woman, who works in Rs 163000 crore company, daughter of Hyderabad’s richest man
This is world's greenest railway station, 170 years old, home to over 7,000 plants, it's in....
As Sky Force nears Rs 150 crore, Nimrat Kaur treats househelp, her kids with movie screening
IND vs ENG: Shreyas Iyer creates history, becomes first player to achieve THIS massive milestone