According to The Wall Street Journal, Beijing gains from the Ukraine invasion.
Conventional wisdom has it that Beijing miscalculated by supporting Vladimir Putin’s Ukraine war.
Xi Jinping’s partner faces both unexpectedly fierce resistance from the Ukrainian military and surprisingly strong Western punishment.
Some in Washington expect China to attempt to extricate itself by brokering a peace deal.
This is unlikely to happen. In many ways China has benefitted from the conflict, as Russia tests the international system with disappointing results for the West.
