Xi’s three-day visit, which begins on Monday, will feature one-on-one talks with Russian President Vladimir Putin, a man the Chinese leader has described as his “best friend” and who is now wanted by the International Criminal Court on war crimes accusations.

The summit in Moscow will be the 40th meeting between the two men.

The visit by Xi – who was recently reappointed as China’s leader for an unprecedented third term and who is seeking a greater role for Beijing on the world stage – has raised hopes in some quarters of a breakthrough in ending the war in Ukraine.

The conflict, now in its second year, has claimed tens of thousands of lives, forced millions from their homes, and caused widespread economic pain, with inflation soaring across the globe and supplies of grain, fertiliser and energy in short supply.

Hopes for a Chinese role in peace in Ukraine have been kindled not only by Beijing’s mediation in the Saudi-Iran détente and its proposal for a truce and dialogue between Moscow and Kyiv but also by media reports that Xi intends to follow on his summit with Putin with a virtual meeting with Ukrainian President Volodymyr Zelenskyy.

If it takes place, the conversation between Xi and Zelenskyy will be their first since Russian tanks rolled across Ukraine’s border in February of last year.

Global peacemaker?

Despite the surge in China’s global diplomacy, most observers say Xi’s state visit is more about cementing the “no limits” partnership that he announced with Putin weeks before the Russian invasion than about brokering peace in Ukraine.

For starters, neither of the warring parties appears ready or willing to end the fighting.

“Unless and until Russia and Ukraine have exhausted their will to continue fighting and are looking for off-ramps for this conflict, it is not possible to end it,” said Bonnie Glaser, director of the Asia Program at the German Marshall Fund of the United States. “And I don’t think that China wants to get in the middle of it.”

China’s 12-point paper on Ukraine, Glaser said, was a summary of its positions and not a “peace plan”, especially as it did not outline any specific area where Beijing was willing to play a more active role.

Indeed, the paper – unveiled on the anniversary of the war – reflects China’s ambiguous stance on the conflict. While the Chinese paper supports Ukraine’s sovereignty and calls for the war’s swift resolution, it lays blames for the crisis on what it calls a “Cold War mentality”, that is NATO’s expansion eastwards and the West’s disregard for Russia’s security concerns. The paper also condemns the West’s “unilateral sanctions” against Russia, despite Beijing mostly having adhered to the measures over the past year.

Glaser added that the Saudi-Iran agreement – which ended seven years of estrangement and challenged the US’s longstanding role as the main power broker in the Middle East – did not mean that China was now going to emerge as a major mediator for global disputes.

“The lesson of the Saudi-Iran deal is that China is very well attuned to opportunity,” she said. “It became increasingly clear that Saudi Arabia and Iran were looking for a way to begun to improve their relationship. And China seized that opportunity to help bring that across the finish line.”

And for the Russia-Ukraine war, that “moment has not yet arrived”, she added.

Still, the conflict is likely to be high on Xi’s agenda, and while there’s deep scepticism about China’s ability to be an honest broker in the Russia-Ukraine conflict, analysts say it appears in a better position than most countries to play mediator.

China is Russia’s most important ally, and while it has adhered to Western sanctions and refrained from coming to Moscow’s military aid, it has kept up normal trade ties, replacing Germany as the largest importer of Russian oil last year. Bilateral trade in non-sanctioned sectors has also ballooned, reaching a record-breaking $190bn last year.

The two neighbours – who share a long border – have also kept up the pace of their joint military exercises, holding large-scale naval drills in the East China Sea in late December. They also held joint drills with South Africa in February and Iran earlier this month.

Responsible, great power

China’s leverage over Russia, as well as its desire to be perceived as a responsible third force in global politics, could push Xi, some analysts said, to press Putin for “mini-steps” in the direction of a truce and dialogue in Ukraine.

“China wants to be perceived as a responsible great power,” said Moritz Rudolf, fellow and research scholar in law at the Paul Tsai China Center of the Yale Law School. “It is remarkable that China is presenting its own position at all, when it’s actually about a war in Europe. This is a true new quality of the China’s engagement at the international level and I think it is here to stay.”

Rudolf said although China’s position paper lacked substance, Beijing has positioned itself as the “only country that is potentially able to, or at least, be one of the countries that will need to be part of a peaceful solution” in Ukraine. This, he said, is in line with China’s ambitions to reshape a global order that it perceives as skewed unfairly to the West and one where the US and its allies set the rules to their advantage.

Whether Xi is seeking an active role in the Ukraine crisis will probably become clearer after his Moscow trip, Rudolf said.

If the Chinese leader were to visit other European capitals after his trip to Russia – as reported by the Wall Street Journal – and if he were to speak to Zelenskyy soon after his summit with Putin, it would show if Xi was indeed trying to play a serious role, he added.

With expectations of a breakthrough on Ukraine low, analysts say Xi and Putin’s discussions of substance will probably focus on expanding and deepening their economic and military ties.

“All in all, it is an important visit signifying the importance of Russia-China strategic partnership for each other,” said Anna Kireeva, associate professor in the Department of Asian and African Studies at Moscow’s MGIMO University.

“New economic agreements can be expected, especially in energy … Russia urgently needs to find alternative destinations for its exports, and China is more than willing to buy Russian energy resources and raw materials at discounted prices,” she said.

This could translate into a deal on a new pipeline, Power-of-Siberia 2, to deliver gas to China via Mongolia, she said.

Xi and Putin will also use their summit to signal the stability of the relations between their two countries, despite the turbulence in world politics, thereby presenting a united front against the US and increasing Moscow’s global standing, Kireeva said.

“As long as Moscow and Beijing retain their strategic partnership, it means they cannot be fully geopolitically encircled,” she added.