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Russia can only wage war upon Ukraine because China buys their oil and gas and paying for it and enabling other trade via Chinas alternative trade payments network based in Hong Kong.
China has won the trade war- it produces the majority of manufactured goods more efficiently than any other nation and it pays the best price for commodity inputs.
China having won the trade war must logically project its power into the tertiary layers of global power and trade payments is the most significant of these. China is now building its alternative trade payments network with N.Korea, Iran, Russia already fully absorbed and increasingly with BRICS nations moving in the same direction. If only a few more leave SWIFT and embrace the Chinese alternative the collapse of USD power and wealth could be very swift.
Trump is the boy holding his finger in the dyke of crumbling western imperialism.
Nations must trade with China or lose significant advantage- Chinas Development Bank already finances far more global infrastructure projects than the World Bank. SWIFT/IMF do not have the data on Chinas alternative trade payments protocol.
The hundreds years of humiliation were engineered by the British Navies cannons and the British imperialists Hong Kong banks - now China is reverse engineering that western financial hegemony, via Hong Kong, and its already operational CBDC Yuan.