News Snapshot:
China’s top leader, Xi Jinping, has cast himself as a global statesman, helping Saudi Arabia and Iran broker a deal to restore diplomatic ties while extolling the virtues of “Chinese solutions and wisdom” in solving the world’s biggest security challenges. Now, Mr. Xi is putting himself at the center of Russia’s war with Ukraine, potentially positioning himself as a mediator to end the protracted fight. The Chinese leader is expected to meet in person next week with President Vladimir V. Putin of Russia, and a call with President Volodymyr Zelensky of Ukraine could follow. China has already proposed a peace...