China wants a new world order, but not the new world order initiated in Ukraine by the Putin regime. China cannot endorse what Russia has done because the maintenance of territorial integrity is primordial in Chinese foreign policy, but China cannot align itself either with a US-dominated NATO that it sees as an instrument of US hegemony. The situation is fluid, but China is trying to maintain an equidistant stance and would prefer to broker a return to a pacific rules-based world order founded on a balance of power that favours neither NATO nor Russia, in alignment with China’s own model of “benevolent authoritarianism”.
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