I also think that the Ukraine-Russia war has ennobled China's diplomatic and economic position. First of all, we see a diplomatically strong China trying to end the war. Secondly, China is one of the most profitable countries in this war because it is getting barrels of cheap oil and gas from Russia. Putin needs to sell his hydrocarbon resources to China and countries like China (e.g. India) in order to fund the war.
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Diplomatically strong China LOL are you serious nope absolutely not.
So China's entire peace plan was laughed at by both sides. In fact the entire world is still laughing at it. However the Saudi Arabia summit that didn't have Russia attend is actually a pretty interesting one. But China has absolutely no international standing.
China is getting a discount. And also getting paid for massive amounts of military equipment like individual first aid kits tourniquets and live action role play airsoft quality plate carriers. The Chinese fake body armor has led to a massive amount of Russian casualties. Even Russian soldiers complain about Chinese equipment. So we'll see if Russia is able to keep the Chinese manufacturing centers going with business.
But a Chinese tourniquet? That sounds like the worst thing in the world to trust your life too. Absolutely bottom Dollar?
So China needs all that cheap energy to power everything and the factories that make the money. On top of that China is buying a massive amount of petroleum. Let alone China also demanded that Russia hand over the entire Eastern half of Russia a couple of years ago. Back then Russia just laughed at china. If China has the chance I absolutely see China annexing the Siberian oil fields. The ones that directly have pipelines straight to China...
Going to be an interesting and to the Russian federation and we'll see who takes the Siberian oil fields because if that happens then China gets cut off. Or more dangerous to China is that the Siberian oil fields go to the international banking cartel and China has to pay them. And watch those prices skyrocket just to shut down all Chinese manufacturing capabilities....
Oh yeah that's right China said it was going to have a gold backed currency. The last country that did that was Libya....