The Russo-Chinese relationship is one of the most important relationships in both Asian and international security. It is undergoing dynamic evolution as a result of the Russian war in Ukraine. This article stresses that the bilateral relationship is one where both Moscow and Beijing espouse the logic of the strategic triangle vis-a-vis the United States. But Washington renounces the effort to deal with Russia and its Asian relations as a strategic entity. Moreover, over the last 12-18 months, although Russia has sought an independent standing in Asia apart from China, it is increasingly unable to compete with China or assert that independence, due to its invasion of Ukraine, isolation from the West, sanctions, and failed economic policies. Thus, it is losing out to China and becoming more dependent on it. These trends are apparent in Russian policies towards Japan, the two Koreas, Southeast Asia, and Central Asia.