attack the event with Xi present? pretty much guarantees the 100% destruction of Ukraine plus some. wonder if Xi is going to try and get Putin's help with the tariff damage.
Putin can’t offer Xi anything that China relies on from the US since Russia isn’t a value-added economy.
Russia extracts raw materials and sells them on the market, and is already leveraged with pipelines to supply some of China’s insatiable demand for oil/NG, but not aerospace systems, precursor chemicals for plastics, machinery, agriculture, soy, grains, resins, synthetics, pharmaceuticals, waste & scrap, Navigational/measuring/medical/control instruments, etc.
Imagine China’s airline industry without the US, or their food, medical, electronics, transportation, manufacturing, etc. Russia is in no place to fill the demand on any of these multi-billion dollar industries.
Russia is extremely poor and backwards in modern technology advances, and lacks the infrastructure to make any of this stuff.
Russia slashes airline engine production as domestic airliner production flounders
Russia is scrambling to substitute imported components in its indigenously produced aircraft with Russian-made components. But this is easier said than done. While Russia continues to produce fighter jets, Il-76 military transports, and helicopters, it is a shadow of what the Soviet Union once was.
The US has China by the scrot and there isn’t anything they can do about it. Just the rules of the road.