China May Not Want Russia To Lose Or To Win In Ukraine

To explain, not only would the US be unable to“pivot (back) to (East) Asia” for more muscularly containing China at the scale that Trump envisages if the Ukrainian conflict drags on, but the continued pressure placed on the Russian economy by Western sanctions would benefit the Chinese economy.

China already imports a staggering amount of discounted Russian oil, which helps maintain its economic growth amid the slowdown that it's experiencing, but this could end if sanctions were curtailed.

Additionally, the greater that China's role becomes in serving as a valve for Russia from Western sanctions pressure (both in terms of energy imports for helping to finance the Russian budget but also exports that replace lost Western products), the more dependent Russia will become on China.

The increasingly lopsided nature of their economic relations could then be leveraged to secure the most preferential long-term energy deals possible regarding the Power of Siberia II and other pipelines .

These outcomes could restore China's superpower trajectory that was derailed during the first six months of the war as explained here at the time, thus strengthening its overall resilience to US pressure and therefore making it less likely that the US can coerce a series of lopsided deals from it.

It's for this reason that Trump's Special Envoy to Russia Steve Witkoff is reportedly pushing for the US to lift its energy sanctions on Russia in order to deprive China of these financial and strategic benefits.

The nascent Russian –US “new detente” could restore the Kremlin's energy clientele as a first step via phased sanctions relief, thus expanding its range of partners to preemptively avert the aforementioned Russian dependence on China, especially in the event of joint energy cooperation in the Arctic .

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The purpose, as explained here in early January, would be to deprive China of decades-long access to ultra-cheap resources for fueling its superpower rise at the US' expense.

All in all, a Russian victory (whether in full or in part via compromises) could end the discounted energy bonanza that's helping China maintain its economic growth amid the slowdown, ergo why Beijing won't send military aid or troops to facilitate this (apart from also fearing serious Western sanctions).

Likewise, the scenario of the West inflicting a strategic defeat on Russia would be catastrophic for China's security , thereby providing another reason for the aforementioned imports to help Russia maintain its war economy.

This article was first published on Andrew Korybko's Substack and is republished with kind permission. Become an Andrew Korybko Newsletter subscriber here.

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