China and Russia’s maligned relationship looks on the surface to be a new axis of power against the U.S. - but by playing it safe, China seeks to reap the benefits of Russia’s favor without offending the West.

At the recent international security gathering, China made clear that it opposes military hegemony — where a superpower seeks to settle disputes by force. China, by contrast is working to bring the international community together to shape a new order that is more just and reasonable.

The friendship between Russia and China may seem ideological on the surface, but it could significantly benefit the PRC in the event of more supply chain difficulties, or a military conflict with the United States. And though Xi Jinping is focused on self-sufficiency and dual circulation plans domestically, he still knows that China will always need to import certain goods and materials to operate its economy - and Russia and its controlled territories could supply those essential resources.

China has upped its international statesmanship, making waves by playing the middleman to a historic Iran-Saudi Arabia agreement. Working with other countries like India and Turkey, Beijing’s economic and diplomatic leverage can be a factor in bringing Russia and Ukraine to the negotiating table.

The Butterfly Effect has taken flight. China’s diplomatic accomplishment in reconciling Saudi Arabia and Iran could have far-reaching consequences, with Ukraine’s future caught in its wake. The unexpected nature of this historic move means that its ramifications are rapidly gaining momentum and could unleash a tidal wave of global proportions, particularly in Europe.

The Xi-Putin summit seems to have had little immediate impact on China-Russia relations, the war on Ukraine, on other major global issues. But the context of the meeting underscores the durability of the Beijing-Moscow alignment.

China and Russia recently released a joint statement to strengthen the strategic partnership between the two countries. But while Russia is now poised to get closer to China than it was before, it still has a long way to go to catch up to the U.S.-China relationship.

Chinese president’s trip was a positive, good-faith effort to defuse the crisis in Ukraine and prevent bloc confrontations. China wants to maintain international peace and stability while seeking to open up broad new prospects for relations between major powers.

China has provided some new thinking and inspiration for solving the international security puzzle. The answer involves major countries breaking through the constraints of outdated Western security theories and charting a course that is comprehensive, cooperative and sustainable.

Beijing’s influence on the Ukraine crisis is limited. Neither Washington nor NATO should nurse unrealistic expectations. Relations between China and Russia should not be viewed through the lens of Ukraine. It’s in everyone’s interest to stop the crisis from escalating into a global confrontation.