| Summary: | Ukraine is the terrain for a new geopolitical game and China's position is ambiguous. The article aims to analyse how Beijing places itself in the Ukrainian crisis, considering the BRI, the relations with the European Union and the new Global Security Initiative announced in April. The analysis is based on scientific literature, recent articles and publication, and official documents, both in English and Chinese. The main findings show that China is engaged in a balancing act between Russia and the West, in an apparent neutral stance, that seeks to maximise Chinese gains on the long run.
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