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Is the Cold War division back with the US-EU on the one and China-Russia on the other side? The article argues that things are more complicated, as each of the country (compounds) has economic and political ties outside of its power bloc. It reads the Chinese reactions to the Russian invasion into the Ukraine as showing that rather a multipolar world order is in place, though at a somewhat precarious state.
The authors of the short paper make the interesting observation that there is too much at stake for China to move into a one-way alliance with Russia at the current moment.