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Ryuu96 said:

Why wouldn't they? What does China have to lose? This is a result of "escalation management" and showing constant fear, China believes for good reason that the West aren't going to do jack shit because "escalation!" so China gets to help Russia keep the West occupied and keep this conflict going on for longer.

Wouldn't China prefer to end this conflict asap, as the longer it goes on, the more likely Europe is to wake up, remove their heads from their asses and meaningfully up their spending on & investment in their militaries?

I.e. if Europe feels safe they'll stay complacent & militarily weak, whereas if Ukraine continues to cause alarm, enough political will could build for us to properly tool up. 

Or are there angles I'm not seeing?