So far, the Russia-Ukraine war and the West’s response have been evaluated as a gift to China.
The successive sanctions that the West and the United States have targeted against Russia have isolated the country’s financial system from the EU. Russia needs a solution for the financial sector. This is creating a special opportunity to help China improve the position of the yuan in global trade. In other words, this war has given the CCP and Moscow a golden opportunity to realize what they have wanted for years.