Russia's invasion of Ukraine is a direct challenge to Europe's postwar order, which is articulated through multilateral organizations like the EU and NATO and is backed by US strength. It needs to be seen if these systems buckle or are re-energized by the Russian threat. It's also uncertain how China will balance its ties with the West and its Russian neighbor in the long run. China has actively prepared for a period of geopolitical turbulence by hoarding oil and commodities as a reserve buffer, while maintaining friendly relations with Russia. Beijing is in a good position to help L&MICs mitigate the conflict's negative consequences. Debt has crippled many Asian and African economies, which are reliant on Chinese inbound investment and commodities consumption.

How do you think China would respond to this crisis? your thoughts please.