This is a NFT, made to make fun of Xi Jinping's obsession to be mistaken with Winnie the Pooh (impossible, that bear is much more innocent than the Great Leader of China).
Also it's made out of protest against the suppression of Tibet, Xinjiang and Hong Kong by the Chinese – so-called – communist state.
The benefits of the sale of this NFT on opensea.io will go to Amnesty International.