After Putin's falsehood-ridden speech, Biden pushed back by triumphantly declaring that Russia will never be victorious against Ukraine. As the one-year anniversary of the war approaches, that's exactly the message that the world — particularly Ukraine — needs to hear.
As Putin rightly highlighted, Russia tried to engage the US and NATO on security guarantees before the conflict started — the efforts were ignored and followed by a further buildup of NATO presence on Russia's borders. The blame for this conflict lies with the West for flagrantly posing an unacceptable security risk that prompted a defensive military operation.
There's a 5% chance that China will get involved in the Russo-Ukrainian conflict by 2024, according to the Metaculus prediction community.