Well considering the actions of Victoria Nuland and the U.S. government that has resulted in all those Russians dead as a result of their actions in Ukraine and heck basically everything done after the conclusion of the cold wall all the way until now, Russia simply would never trust the west again. Russia ultimately prefers those who can provide stability and only China can offer such a thing, the west has nothing to offer Russia as of now and hence cannot become a swing state as long as the west is lead by open backstabbers because we all know how the Minsk agreements panned out, I mean they openly boast about it.There is a growing understanding in the West that the US needs Russia to contain China and that the Biden administration bet against this and lost badly. China also understands that it needs Russia and its vast resources and territory to protect itself from the West.
Therefore this is the perfect scenario for Russia to take advantage of the competition between China and the US. Russia plays its own game and does not trust any side, but will momentarily ally with whoever offers the most long-term advantages.
Russia has become an important swing state in the world and will receive a lot of attention from all sides.
To be honest, all those architects of the Ukraine war and the whole end of Cold War policies should be be herded together and collectively given the chop due to how much of a stuff up they have made, the USA/Europe simply cannot just flip a switch and assume they can restore relations just like that, it going to require a purge of the entire faction responsible for this mess in order to demonstrate that they are even remotely capable of anything resembling honour again because the USA cannot be trusted at all