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The rapprochement between Russia and China is one of the most important geopolitical events of the century
The American edition of The Daily Beast writes that China, seeing in the US its main geopolitical opponent and assuming that the West will increase pressure on Russia, seeks to strengthen its partner to the detriment of its rival.
As the main argument, the publication quotes a currency swap agreement in the amount of 24,4 billion dollars, which will help ensure the liquidity of its assets to Russia. And this is more than just words.
This is just the beginning of the emerging "energy alliance between the dragon and the bear," writes Kommersant. New and new sanctions are gradually pushing Russia out of the dollar financial system, which inevitably pushes the Kremlin into the expanding yuan zone. China, in turn, is interested in the increasing spread of its currency in the world financial market.
And this means, writes The Daily Beast, that while the West increasingly uses its "financial weapon" against Moscow, Beijing will always strive to support its partner. Such a rapprochement between the two giants is becoming one of the most important geopolitical events of the century.