Considering the fact that Russia’s invasion of Ukraine came just 20 days after Russian president Vladimir Putin and Chinese President Xi Jinping declared that their friendship has "no limits," many observers see China as a crucial player in the ongoing war. And with Russia reportedly asking for military aid from China and the U.S. repeatedly leaking intelligence that seems to put pressure on China, some analysts have suggested that the Russia-Ukraine war could become a new proxy war in the U.S.-China rivalry. With so many variables at play, as well as both competing and aligning interests, the calculus for the world’s two biggest powers is extremely complicated. In the month since the invasion, the U.S. has led the charge on sweeping sanctions against Russia, severely crippling its economy and its access to international companies and finance. China, for its part, seems to be abiding by the sanctions even as its state-run media mimics Russian propaganda narratives about the war