American Professor: Xi Jinpingu The only person in the world who can work at Putin's.

The best thing China can do for the time being is to mediate a peace agreement between Russia and Ukraine”, said renowned US economist Stephen Roach for CNBC, Pryskopi.

There is only one man in the world who has influence over Vladimir Putin- and he is the president of China, Xi Jingping”, Roach says.

I believe China is actually holding the winning card and I think it belongs to Xi to take advantage of this moment”, he added.

The United States of America, the United Kingdom and the European Union have united to strike Russia with sanctions after it invaded Ukraine. China, on the other hand, has said it will not be participating in sanctions and has refused to call Russia's attack on Ukraine as a invasion.

Beijing has called for negotiations and positioned itself further from Russia than it was portrayed in early February during a high-level meeting between Putin and Xi. During that meeting on the opening day of the Beijing Winter Olympic Games, leaders had announced a partnership “without limits”, promising to co-operate more against the West.

Roach said China instead should be “threatening to withdraw from the” alliance unless Putin is co-operative. He said it would be wrong for Beijing to double its partnership with Moscow at the time when the world is putting extraordinary pressure on Russia.

He stressed that if he did so, China would be named co-partative guilty for a very, very long “ ”. /Periscopi