The short answer is yes there is an alliance brewing. There are issues between the countries that could limit this alliance.

Xi Jinping and Vladimir Putin’s recent summit drew wide international attention. Are we witnessing the dawn of a new alliance?

If Moscow and Beijing are able to consummate the major deals begun at the summit we are likely witnessing the start of a more robust Sino-Russian relationship. On the other hand, as we have seen in the recent past, historical suspicions, mutual mistrust, and divergent strategic interests may once again prevent the development of a deeper and more coordinated Sino-Russian relationship.

A Russia-China Alliance Brewing? | The Diplomat

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