Photograph taken by the rover Yutu-2 (Jade Rabbit-2) on Jan. 11, 2019 reveals the lander of the Chang’e-4 probe. China introduced Friday that the Chang’e-4 mission, which realized the first-ever soft-landing on the far facet of the moon, was an entire success.Xinhua Information Company | Xinhua Information Company | Getty ImagesCall it lunar politics.This week Roscosmos, the Russian house company, signed an settlement with the Chinese language Nationwide Area Administration, to create an Worldwide Scientific Lunar Station “with open entry to all nations and worldwide companions.” It was essentially the most dramatic signal but that Moscow sees its house future with China and never america, additional underscoring its rising strategic alignment with Beijing. That follows 1 / 4 of century of U.S.-Russian house cooperation, launched by those that dreamed of a post-Chilly Struggle reconciliation between Moscow and Washington. The excessive level was the constructing and working of the Worldwide Area Station.This week’s settlement additionally marked an obvious rebuke of NASA’s invitation for Russia to hitch the Artemis venture, named for Apollo’s twin sister, that goals to place the primary lady and subsequent man on the moon by 2024. With worldwide companions, Artemis would additionally discover the lunar floor extra totally than ever earlier than, using superior applied sciences.”They see their program not as worldwide, however just like NATO,” sneered Dmitry Rogozin final 12 months, the director normal of Roscosmos, who did plenty of sneering beforehand in Brussels as the previous Russian ambassador to NATO. “We’re not interested by collaborating in such a venture.”Fairly than dwell on what all this implies to the way forward for house, it’s maybe extra necessary for the Biden administration to mirror on how this newest information ought to be factored into its rising method to Putin’s Russia.President Biden has no illusions about Putin, exhibiting that he’ll have interaction when he concludes it’s within the U.S. curiosity and sanction when essential. His first overseas coverage win was a cope with Putin to increase the brand new Strategic Arms Limitation Talks that President Trump had deserted.ST PETERSBURG, RUSSIA – JUNE 6, 2019: China’s Persident Xi Jinping (L) and Russia’s President Vladimir Putin shake fingers at a ceremony at St Petersburg College through which Xi Jinping was awarded St Petersburg College honorary doctoral diploma.Alexei Nikolsky | TASS | Getty ImagesThat stated, Biden additionally imposed new sanctions on Russia, in live performance with the European Union, after the poisoning after which imprisoning of opposition chief Alexei Navalny. It stays to be seen how the Biden administration will act on new or current U.S. sanctions in opposition to the Nord Stream 2 pipeline, essentially the most energetic concern at present in play which is dividing the EU and even German politics.No matter course Biden chooses, he could be smart to not compound the errors of earlier administrations resulting from misperceptions about Russia’s decline or too singular a give attention to Beijing.”Putin doesn’t wield the identical energy that his Soviet predecessors did within the Seventies or that Chinese language President Xi Jinping does right this moment,” writes Michael McFaul, U.S. ambassador to Moscow for President Obama, in Overseas Affairs. “However neither is Russia the weak and dilapidated state that it was within the Nineteen Nineties. It has reemerged, regardless of unfavourable demographic traits and the rollback of market reforms, as one of many world’s strongest nations—with considerably extra navy, cyber, financial, and ideological would possibly than most People recognize.” McFaul notes that Russia has modernized its nuclear weapons, whereas the U.S. has not, and it has considerably upgraded its typical navy. Russia has the Eleventh-largest financial system on this planet, with a per-capita GDP larger than that of China.”Putin has additionally made main investments in house weapons, intelligence, and cyber capabilities, about which america discovered the onerous method,” wrote McFaul, referring to the most important cyberattack that was revealed earlier this 12 months after it penetrated a number of components of the U.S. authorities and hundreds of different organizations.On the identical time, Putin is exhibiting much less restraint in how aggressively he counters home opponents, defies Western powers, and seems keen to take dangers to realize a twin motive: restoring Russian standing and affect and lowering that of america.Henry Foy, the Monetary Occasions Moscow bureau chief, this weekend lays out a compelling narrative on right this moment’s Russia below the headline, “Vladimir Putin’s brutal third act.”Writes Foy: “After 20 years through which Putin’s rule was propped up first by financial prosperity, after which by pugnacious patriotism, his authorities has now pivoted to repression because the central instrument of retaining energy.”The world has seen that graphically within the poisoning of Alexei Navalny, the opposition chief, after which his arrest when he returned to Russia after recovering in a German hospital. Foy additionally stories on a “blizzard of legal guidelines” handed late final 12 months that crack down on current and would-be opponents. The newest transfer got here right this moment (Saturday) as Russian authorities detained 200 native politicians, together with a number of the highest profile opposition figures, at a Moscow protest.Some see Putin’s more and more ruthless dousing of dissent and widespread arrests, amid the dimensions and breadth of protests in help of Navalny, as an indication of Putin’s rising vulnerability.But others see his actions because the seizure of Crimea in 2014 proper up till the obvious newest cyberattacks, as proof of his elevated capabilities. They warn of extra brazen actions forward.Each views are proper —Putin is extra weak and succesful concurrently. His oppression at residence and assertiveness overseas are two sides of the identical man. So, what to do about it? The Atlantic Council, the group the place I serve president and CEO, had an uncommon public dust-up of feuding workers voices this week over what’s the proper course for coping with Putin’s Russia.The arguments centered on how prominently a job human rights considerations ought to play in framing U.S. coverage towards Moscow.Wherever one comes down on that concern, what is difficult to dispute is that Russia’s rising strategic bond with China, underscored by this week’s moonshot settlement, is only one amongst a rising mountain of proof that the Western method to Moscow over the previous 20 years has failed to supply the specified outcomes.What’s urgently wanted is a Biden administration assessment of Russia technique that begins by recognizing that misperceptions about Russian decline have clouded the necessity for a extra strategic method.It ought to be one that may mix extra engaging components of engagement with extra subtle types of containment alongside companions. It is going to require persistence and companions.What’s required is strategic context for the patchwork of actions and insurance policies concerning Russia: new or current financial sanctions regimes in opposition to Russia, potential response to the newest cyberattacks, more practical methods of countering disinformation, and a extra artistic response to rising Chinese language-Russian strategic cooperation.Overreaction is rarely good coverage, however underestimation of Russia is, for the second, the far higher hazard.The long-term aim ought to be what these at NASA hoped for 25 years in the past—U.S.-Russian reconciliation and cooperation. Then put that within the context of a Europe entire and free and at peace, the place Russia finds its rightful place, the dream articulated by President George H.W. Bush simply months earlier than the Berlin Wall fell.No matter Putin might want, it is onerous to consider that Russians would not choose this end result even to a Sino-Russian moon touchdown. Frederick Kempe is a best-selling writer, prize-winning journalist and president & CEO of the Atlantic Council, one of many United States’ most influential suppose tanks on international affairs. He labored at The Wall Avenue Journal for greater than 25 years as a overseas correspondent, assistant managing editor and because the longest-serving editor of the paper’s European version. His newest ebook – “Berlin 1961: Kennedy, Khrushchev, and the Most Harmful Place on Earth” – was a New York Occasions best-seller and has been revealed in additional than a dozen languages. Comply with him on Twitter @FredKempe and subscribe right here to Inflection Factors, his look every Saturday on the previous week’s high tales and traits.For extra perception from CNBC contributors, observe @CNBCopinion on Twitter.