Trump and Putin’s visits confirm Beijing as the new global pivot
China’s recent hosting of both the US and Russian presidents shows that while it is not yet replacing the US as the strongest among the three powers, there is a definite shift in the balance, and China is dealing with both on its own terms. Academic Alexander Korolev explains.
26 May 2026
Politics
Much attention has been paid to the back-to-back visits to Beijing by first Donald Trump (13–15 May 2026) and then Vladimir Putin (19–20 May 2026). When the two leaders arrived in Beijing within days of each other, the optics were unmistakable: red carpets, immaculate guards of honour, and summit choreography executed with the precision only the Chinese political system can deliver.
Yet for all the spectacle, neither visit produced a dramatic breakthrough. Trump left without a joint communiqué or a signature deal; Putin’s visit was much more amicable and, overall, more successful, but the Russian leader left without the long-anticipated Power of Siberia 2 pipeline agreement, despite years of negotiation.
However, focusing only on deliverables misses the bigger picture – the evolving strategic logic of these visits. The “great strategic triangle”, first defined by Henry Kissinger during the 1972 US-China rapprochement, has now been reconfigured into what can be called a “great triangle with Chinese characteristics”. This new triangle is qualitatively different and defined by three distinctive features that reveal a world in which China shapes the environment in which others must operate — something that was on full display during the Trump and Putin visits.
China calling the shots
First, in the new triangle, China no longer treats the US as its sole strategic reference point.
Trump’s visit illustrated this shift clearly. The choreography was polite, but cool: a distant handshake, Xi Jinping’s dominant posture, and a meeting that produced little beyond vague talks of “fantastic trade deals” after the meeting. Beijing offered no concessions on Iran, no movement on Taiwan happened, and no sign that it was willing to adjust its strategic posture to accommodate Washington.
The most revealing moment came when Xi asked Trump whether the two countries could transcend the so-called “Thucydides Trap”: a theory that when a rising power threatens to displace an established, ruling power, the resulting structural stress makes violent conflict highly likely, if not inevitable. Xi has invoked the concept before, but the pointedness this time mattered. It was a warning that if the US continues to treat China as a power to be contained and sustains arms exports to Taiwan, it risks creating an irreversible crisis.
This was in contrast with Putin’s visit, who was greeted as a “good and old friend”, and the two leaders presided over the signing of 20 agreements across trade, technology, aviation, and finance, even though without the gas pipeline deal. The message of this difference is clear: China engages the US when necessary, but it is no longer dependent on Washington for orientation or validation.
Holding steady
Second, the China-Russia alignment is increasingly asymmetric, but also more strategically entrenched.
Russia’s structural position has weakened. The war in Ukraine has generated a complex set of interlocking constraints that drain Russia’s military and economic capacity, and Western sanctions have pushed Moscow deeper into China’s technological and financial orbit. China now accounts for over 30% of Russia’s total trade, up from around 10% a decade ago, and supplies more than 70% of Russia’s imported microelectronics — a dependence that has accelerated since 2022.
The failure to strike the Power of Siberia 2 deal underscores that Beijing is in no rush to rescue Moscow on Moscow’s terms.

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Yet the global context has shifted in ways that should give China-Russia energy cooperation more opportunities. The war in Iran has disrupted global energy markets, and China — which imports more than 70% of its oil, with around 40% of those imports transiting the Strait of Hormuz — is acutely exposed to instability in the Middle East. Russia, by contrast, can offer long-term pipeline gas, discounted crude, and a degree of predictability that maritime supply routes cannot. This is why the moment is opportune for renewed energy cooperation, even though a final pipeline agreement has not been reached yet.
At the same time, Beijing appeared willing to use its alignment with Moscow to put pressure on the American leaders. During Trump’s visit, Xi took him on a rare stroll through Zhongnanhai, the central leadership compound. When Trump asked whether other leaders had been there, Xi replied that such visits were “extremely rare”, but added: “Putin has been here.”
The remark is unlikely to be incidental. It signalled that the “no-limits partnership” is not rhetorical. It is personal, political, and increasingly institutionalised, and, most importantly, it gives China strategic depth and reminds Washington that Beijing’s security influence extends way beyond the Asia-Pacific region and into the European security theatre.
Shift in balance of power
The third, most important, feature of the new triangle is that China has become the pivot – the venue through which major-power diplomacy increasingly runs.
In the 1970s, the US sat at the apex of the great triangle, balancing between China and the Soviet Union. Today, China is increasingly the apex. Beijing is not balancing between the US and Russia; it is hosting them. It is now the venue where major-power diplomacy happens. Since 2023, Beijing has outpaced Washington in hosting foreign heads of state and government visits each year, reflecting China’s growing gravitational pull. Being seen in Beijing increasingly matters more than being seen in Washington.
This does not mean China is replacing the US as the world’s dominant power. The US still has the largest economy, the strongest military, the most global corporations, and the most influential currency. But the structure of global politics is transforming. The US is no longer the only game in town. China is no longer a peripheral actor. And Russia, despite its weaknesses, remains a strategically useful partner for Beijing.
In summary, the back-to-back visits of Trump and Putin do not herald a new Cold War triangle. But they do reveal a world in which China is no longer simply reacting to the moves of others. Beijing increasingly sees itself as more central to great power diplomacy, demonstrating that the strategic centre of gravity is shifting. This is a great triangle with Chinese characteristics.
Related: How China sustains the illusion of equality with Russia | Xi meets Putin after Trump summit to balance China-US-Russia triangle
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