According to China’s Foreign Ministry, Beijing is willing to mediate between Ukraine and Russia. Foreign Minister of China, Wang Yi, said that no diplomatic repercussions would be enough to sever China’s ties with Russia. According to the Washington Post, Wang stated that “China is eager to continue playing a constructive role in pushing peace negotiations.”
Moreover, China’s Foreign Minister Wang Yi has urged the United States, the European Union and NATO to “engage in equal-footed discussion” with Russia. According to Wang, Chinese President Xi Jinping informed Russian President Vladimir Putin that Beijing wants peace negotiations to begin “as soon as feasible.” On Feb. 25, the two chatted on the phone.
Despite the Ukraine crisis, China and Russia will move on with a “new era of comprehensive strategic partnership,” according to Chinese Foreign Minister Wang Yi. When asked if the situation in Ukraine has affected bilateral ties, Wang stressed that the relationship between China and Russia is “not vulnerable to third-party meddling.”
According to Ukrainian Foreign Minister Dmytro Kuleba, China might play a significant role in mediating between Ukraine and Russia. “Because there must be a power and neither the United States nor Europe can be mediators, China maybe,” Borrell told El Mundo. According to a Western intelligence assessment, Chinese leaders begged Russia to postpone their invasion until after the Beijing Olympics’ Closing Ceremonies.
However, following the withdrawal of Visa and MasterCard from Russia, several Russian banks announced intentions to begin issuing cards using a Chinese card operator’s system in conjunction with Russia’s Mir network. Senior US officials visited Venezuela on Saturday to meet with President Nicolás Maduro, as Russia’s invasion of Ukraine draws increased attention to Russia’s Latin American allies.