What will China do next?

(The Early stages of the conflict)

Russia’s economy is seriously messed up, due to the economic sanctions placed on her as a result of her aggression against Ukraine. Russia has asked China for assistance, of what for I do not know but it seems that they may be requesting financial assistance and possibly technical assistance.

China is undergoing an economic slowdown, or at least, a slower increase in economic activity, but nevertheless a worrisome one for party leaders. An accelerated slowdown can also have serious consequences for world markets.

-Will China assist Russia and risk economic retaliation from the rest of the globe or will China turn its back on Russia, at least officially, and how might Russia react?

(The current stages of the conflict)

Months into the conflict and Russia’s economy is doing much better, owing to the ability to avoid or circumvent sanctions; countries purchasing Russian oil through intermediate nations that were not sanctioned or did not sanction Russian oil and other Russian interests. 

So, Russia is not suffering as expected and the conflict is worsening. What is Russia’s next step? Will China support Russia or is there some greater Chinese objective in play?