The market tends to shrug off even the most worrisome geopolitical events, just as it did with the U.S. airstrikes on Iran last month.

China and Russia declared a "no limits" partnership in February 2022 when Putin visited Beijing, days before he sent tens of thousands of troops into Ukraine. Putin has sometimes described China as an "ally".

China believes that the United States' tightening of anti-Russian sanctions does not contribute to the resolution of the “Ukrainian conflict,” which can only be achieved through dialogue and negotiations.

Japan is facing its most severe security environment since World War II as three potential adversaries in East Asia – China, Russia and North Korea – ramp up military activities in the region, the country’s defense minister said Tuesday.

NATO Secretary General Mark Rutte warned on Wednesday that countries such as Brazil, China and India could be hit very hard by secondary sanctions if they continued to do business with Russia.

Speaking to Current Time, Russian political scientist Natalia Shevshkova noted comments from Wang after his recent European tour were a sign that Beijing has “grown bolder” in its rhetoric to where "it’s no longer Eastern diplomacy, but rather outright, almost rude behavior."

Officials in Tokyo released their Defense of Japan 2025 white paper this week with findings the international community is facing its greatest risk of conflict since World War II. The paper pointed to Russia,

Ukrainian President Volodymyr Zelensky has accused China of deeper involvement in Russia's invasion than it is letting on. Beijing has repeatedly said China is not a party to or participant in the Ukraine war, and does not provide weapons to either side.