China

The Zionist entity cannot exist alongside a Palestinian state. If a "two-state solution" with a sovereign Palestine actually gets implemented the Zionist entity will collapse. The Zionist project is predicated on continual territorial and settlement expansion. Once this becomes impossible and settlements on the territory of the Palestinian state even have to be dismantled there will be a mass exodus of settlers back to Europe/the US and the Zionist settler-colonial project will implode, as they will have failed to secure the Lebensraum that this fascist project requires.

The leaders of the entity know this and now they openly state that even just failing to pacify Gaza would spell the end of their state. This has an element of hyperbolic fearmongering but it is not far from the truth. A defeat in a major conflict that threatens to permanently render the territory of the entity itself unsafe for settlers, as well as a failure to re-establish deterrence through military dominance over its neighbors is the beginning of the end for them. If you have been paying attention you will have noticed that this is exactly the long term strategy of suffocation/attrition/death-by-a-thousand-cuts that the axis of resistance has been implementing.

China adopting a serious "two-state" policy (and actually meaning it, not just stringing the Palestinians along like the collective West does) is equivalent to them pushing for the collapse of the Zionist entity, but it also allows them to maintain an appearance in international diplomacy as a reasonable and unbiased party, which is essential to their central role as the engine for the rise of the global south and the emergence of a "multipolar world" (and that phrase itself is a euphemism that just means demise of western global hegemony).

This does not mean that we as revolutionaries should also adopt such a position, on the contrary. We are not bound by the same diplomatic constraints and strategic considerations that a state power like China is, and moreover we have a different function to fulfill. We should continue to loudly advocate for the complete liberation and decolonization of Palestine from the river to the sea, and more importantly the divestment and cessation of support to the Zionist entity by our own states. Not just because that is morally right but because that is also the strategically correct approach, as this additional pressure works in tandem with the axis of resistance as well as with China's diplomacy.