As the U.S. seeks to advance its position and strengthen the U.S. dollar global dominance, it is also facing challenges and an anti-hegemonic sentiment from other states. Events such as the war in Ukraine, tensions between the U.S., Russia, and China, as well as new strategic partnerships developed between China and Europe, Latin America, and Africa, are driving forces in the shift of balance of power to non-Western nations.

This year’s G20 summit was haunted by the war in Ukraine, changing the complexion of nearly all interactions at the meeting. A sober assessment of the situation between Taiwan and China leaves much room for speculation about how an escalated conflict there might affect the world’s powers at large.

China has not taken sides over the Russia-Ukraine conflict for good reason. It is Russia’s strategic partner and Ukraine’s largest trading partner. At the same time, China and the West are not enemies. We must coexist despite our differences.

To answer, it is essential to place Russia’s motives in historical context. Since the conflict is essentially between Russia and NATO, the West must be willing to negotiate. Otherwise the struggle will be protracted, with no end in sight.

Ukrainians have paid dearly for Russia’s incursion, which most of the world believes was not justified. The Ukrainian people know they are fighting for their homes, and that’s what will ultimately tilt the balance on the battlefield.

China’s capacity to help end the conflict in Ukraine has been left in the realm of speculation due to the nation’s official stance of neutrality toward the situation. If China were to step up efforts to actively broker a resolution, these are the following steps they may take.

Sanctions placed on Russia by Europe and the U.S. have only allowed Moscow to continue making money off exports, while simultaneously strengthening its relationship with Beijing.

Russia’s war in Ukraine is the most disruptive conflict that Europe has seen since 1945. While many in the West see a war of choice by Russian President Vladimir Putin, he says that NATO’s 2008 decision in favor of eventual Ukrainian membership brought an existential threat to Russia’s borders, and still others trace the conflict back to the Cold War’s end and the failure of the West to support Russia adequately after the collapse of the Soviet Union. How can we discern the origins of a war that may last for years?

Recently Chinese State Councilor and Foreign Minister Wang Yi revealed China’s vision during the annual UN General Assembly. His positive words come at a time filled with pessimism around the globe, with the West attempting to damage China’s standing.

The war in Ukraine, whether short or long-term, doesn’t serve China’s national interests. While China and Russia are strategic partners, so are China and Ukraine, which agreed in 2013 to preserve national independence, sovereignty and territorial integrity. Thus, for China, the only path forward is peace.