First of all, Russia is a minnow in economic terms, even below the U.K. on its own. The USA, U.K., EU and other NATO combined blow both Russia, and indeed China away.
The for what is the fact that Russia has been the bogeyman on the east for a long time. This bogeyman image is being destroyed day by day, tank by tank and materially. No one is frightened of Russia anymore. Certainly they cannot threaten NATO without being completely destroyed and they now know this, hence all the regular threat of nuclear etc etc, but no one believes it anymore. They are a busted flush in hock to China and trying to look like a power which little Ukraine is demolishing every day. Ukraine will be rebuilt, just as Germany was, and their people will live under the safeguard of NATO, as Sweden and Finland have recently chosen………