Ukraine-Russia crisis: China benefits if the US pivots back to Europe, but it won’t want full-blown war – and would rather Taiwan doesn’t get mentioned

• With Putin’s moves likely to hold the West’s attention for years yet, US attempts to contain China will take the back seat and Beijing will gain room to manoeuvre
• But Beijing’s top foreign priority is a stable environment to develop its economy. Meanwhile, comparisons to Taiwan’s situation are the last thing it wants