Katsuji Nakazawa is a Tokyo-based senior staff writer and editorial writer at Nikkei. He spent seven years in China as a correspondent and later as China bureau chief. He was the 2014 recipient of the Vaughn-Ueda International Journalist prize.

A Xi-Putin handshake at the Beijing Winter Olympics would serve as a reminder of the link between the Taiwan and Ukraine issues. (Nikkei montage/Reuters/AP)
As the U.S. focuses on Europe, China sees a host of options for fait accompli