Russia and China are moving, slowly but unmistakably, toward a structural alliance that is reshaping the global balance of power. But the two sides are progressing through this transformation at different speeds. Moscow has largely accepted the logic of deep strategic interdependence. Beijing, by contrast, still behaves as though it can preserve a carefully managed partnership in which China remains the senior partner while minimizing its own obligations.

That model is reaching its limits. For years, the dominant narrative in Western policy circles has been that Russia has become the junior partner in an unequal relationship. Brussels think…

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