I think it is not very correct to take as a basis only the stock market of the country, even though it is the world market. Don't forget that Russia is a very strong and independent country because of its natural resources. China is also a global manufacturer of various things. It is very strange to talk only about the stock market, especially since this bubble will burst soon.
Russia was a strong state until Putin made the mistake of attacking Ukraine. After that, the power of Russia began to break on Ukraine, including with the help of international sanctions. After that, Russia will no longer be a superstate and will not seriously influence international politics. It will be a relatively technologically backward state with a very low standard of living. Unless, of course, such a state continues to exist in a few more years.