Russia Vladimir Putin China Xi Jinping
Russian President Vladimir Putin and Chinese President Xi Jinping at St. George's Hall in the Kremlin on March 21, 2023.
  • China says it's neutral in the Russia-Ukraine war and even tried to broker a peace deal earlier this year.
  • However, experts told Insider that China has good reason to stay friendly with Russia as war wages.
  • China is pocketing discounted oil and gas and enjoying geopolitical perks as a result of the war.

Russia's brutal war in Ukraine has wrought devastation in the East and donations from the West. But amid the chaos and costs, there's at least one country reaping the benefits of the brutal conflict, two Russia experts told Insider.