Russia, China sign economic pacts despite Western criticism

BRICS soon to be expanded

They going to add Iran to the meaningless acronym?

dedolarization will continue at faster pace.

So faster than dead stop?

https://en.wikipedia.org/wiki/Reserve_currency

5 years from now world will look very different than now.multipolar world.

China has been a pole for some time and Russia is just firmly cementing its status as China's dog.

Why would Russia and China care about "disapproval from the West" which has been nothing but hostile to both of them recently.

China still claims to support the UN charter, so you would think they wouldn't want to be so cuddly with a Russia who doesn't.

G7/EU to ban Russian diamonds which account for 20% of world supply.

A tremendous opportunity for both countries.

Dedollarisation and sanction proofing economies is a no-brainer.

"despite western criticism"?? Do you think they are actually listening?? I think not.

Russia seems desperate. China is business as usual.

Desperate indeed, fascist Russia is teetering on economic collapse. China needs their resources.

I feel sorry for the rank and file Russian people it seems like endless misery due to pathetic "leadership" when they should be affluent.

How I wish this was the news everyday from all quarters ! Instead we are blitzed with wars and rumors of wars, who’s sanctioning who and who can’t be friends with who. News always full of anxiety and fear is all pervasive today, just how did we get here ? It’s almost as if we are regressing back to neanderthals !

Russia should start teaching in Chinese in their schools. Just when the West is decoupling from China, Putin foolishly drives his country right into Xi's arms. And Russia better get ready to hand back he Russian Fareast territories that they stole from Chna (Qing Dynasty) through unfair treaties. Russia was a big big player in the hundred years of Chinese humiliation.

So what your saying is Russia isn't a member of the united nations ?

Just because you signed the document doesn't mean you uphold it.

Lmfao

russia and china are trying to change world order. Problem is, America and the West have mechanisms to thwart that from ever happening.

"Beijing has refrained from openly denouncing Russia's invasion."

And yet, "China's President Xi Jinping said on Friday that external forces should never be allowed to interfere in the internal affairs of countries under any pretext, according to Chinese state media. Countries should be firmly supported to explore their own development paths and models of governance suited to their domestic conditions, Xi said." (https://timesofindia.indiatimes.com/world/china/chinas-xi-says-external-forces-should-not-be-allowed-to-interfere/articleshow/86287601.cms)

I guess that is another rule that applies only to China, but spoken like a universal principle.

MM...

russia and china are trying to change world order. Problem is, America and the West have mechanisms to thwart that from ever happening.

It is happening, the US and it's vassal states will try and fail. The world order is changing fast. But don't worry, the US and Europe will still be major players. Just no longer dominant.

China knows it now has captured Russia clearly as a vassal state - one it can exploit without fear of a response...

Look for it to expand on its central Asian meetings to pull these countries into the Sino orbit away from Russia...

Russia now knows it is clearly no longer a partner, but a subservient serf....

Russia is far from a vassal state of China. It is a partner, a junior partner but Russia has the energy and minerals that China needs. China has the cash and goods for Russia. Win, win.

And so the process of absorption by China begins. Unfortunately poo tin is a small minded, KGB trained thug who knows how to grab power to him self but has little grasp of the broader political realities and currents. His actions demonstrate the unintended consequences of actions that originate from a narrow and self centred view. Bluntly the demented dwarf isn’t fit to run a corner shop let alone an empire!

That’s right, they aren’t at all China’s vassal, in contrary. It costs Russia only programming the coordinates of some bigger Chinese cities into a small part of their much bigger arsenal to make clear who’s the real boss and who has potentially the much bigger losses , economically and in population numbers if they ever would raise head. At the bookie’s China might surely be considered far in the lead, having some good cards at hand, but the Russians are in possession of the whole poker table.

Russia is far from a vassal state of China. It is a partner, a junior partner but Russia has the energy and minerals that China needs. China has the cash and goods for Russia. Win, win.

Interesting view but one that doesn't quite jive with history...

While US-Russia relations were tense during the Cold War, they never became "hot" - an actual war...

Russia and China however fought a seven month war in 1969 over...wait for it - the border...

Russia fears a Chinese encroachment much more than that from the US or Europe....but that isn't a narrative that Putin can exploit to delude the Russian public...

But ask the folks that walk the halls of the Kremlin who they fear more - and who is more likely to "subsume" Russia...after a bottle of Vodka, they'll clearly tell you it's China...

This is a beautiful scenery when Chinese and Russian leaders standing side by side to make business and detering western bullying. We know Russia is having very much difficulties especially their Navy but our Chinese navy is always ready to serve for Russia under the names of Xi & Putin!

My father recalled during the early 1950s ,as a student he get used to praise Joseph Stalin a dear uncle. And there was celebrating event during the birthday of Joseph Stalin. We hope the Russians take out their courages to crusade Ukraine and get back the lost lands.

China knows it now has captured Russia clearly as a vassal state - one it can exploit without fear of a response...

US and NATO are afraid of Russia but Russia afraid of China.

Interesting.

@Ossan Through unfair treaties. Russia was a big big player in the hundred years of Chinese humiliation.

What? Is that a wrong history issue or just provoking a chaos?

The Tsar Nicholas II, his whole family and daughters died in a quick execution. The debts has paid. We the Chinese are very grateful to the Bolsheviks and of course their successors. Russia don't need to apologize for anymore. They have returned the stolen island to China, so all dispute has ended!

another "success" of G7 meaningless meeting?

hey Fumio any on topic comment?

A few months ago, Chinese official maps started referring to Vladivostok by its Chinese name. No big deal, one might think, but symbols are important in China. Then came the news that the Russians have agreed to let its main Pacific port be used by China as, essentially, a Chinese port - no tariffs or duties or customs. China can now bring goods through Russia into China, as if directly into China.

For Russia, this could be a new way to avoid sanctions. Ships nominally bringing goods into China would in fact unload in Russia, where international eyes would not be able to discern what was being unloaded. If discovered, China would be condemned by the international community - but plausible deniability exists, and the Chinese could easily say that the ships involved had nothing to do with China.

Love the folks who consider Russia's one invasion and occupation a violation of the UN Charter but ignore America's two (Iraq and Syria) support for a third (Yemen).

If the Ukraine war spills out of control, it was NATO members lost their men in a senseless war(Including US troops) in a bloody W.W.III. China has nothing to lose from this greatest European war, we are not Europeans and we have no troops on Europe!

Signing Economics packs, the world needs more such headlines, No? Instead of, Military packs, such that the American signed last week. Military co operation and Economics co operation, which is better for the World?

@Wallace: G7/EU to ban Russian diamonds which account for 20% of world supply

Chinese ladies like diamonds, for Chinese men this is a good news to express their love to their companions in a bargained price when the economy is weak. Not a bad idea from those stupid G7 leaders!

Diamonds are also used in industry not just for jewelry.

"Russia's diamond exports generated about $4 billion in 2021, according to the UK government. The value of total Russian goods exports that year was $494 billion, according to the country's central bank."

@OssanAmerica EXACTLY, Xi now owns Putin!!! The Winnie the Pooh laughs his head off at Putin behind closed doors!!!! Putin is now Xi Beeotch!!!

Russia should start teaching in Chinese in their schools. Just when the West is decoupling from China, Putin foolishly drives his country right into Xi's arms. And Russia better get ready to hand back he Russian Far east territories that they stole from Chna (Qing Dynasty) through unfair treaties. Russia was a big big player in the hundred years of Chinese humiliation.

Putin foolishly drives his country right into Xi's arms.

It was actually the west that foolishly drove Russia and China into each other's arms, according to this article

And the relationship is greatly beneficial to both as mentioned above

Love the folks who consider Russia's one invasion and occupation a violation of the UN Charter but ignore America's two (Iraq and Syria) support for a third (Yemen).

Love the folks who think a land grab is just part of doing business. And Russia also has the illegal Georgian occupation under its belt.

That’s right, they aren’t at all China’s vassal, in contrary. It costs Russia only programming the coordinates of some bigger Chinese cities into a small part of their much bigger arsenal to make clear who’s the real boss and who has potentially the much bigger losses , economically and in population numbers if they ever would raise head. At the bookie’s China might surely be considered far in the lead, having some good cards at hand, but the Russians are in possession of the whole poker table.

Have you ever considered that Russia should have more to offer the world than programming it into its nuclear arsenal? In any event, no one is scared of Russia anymore.

Excellent, China and Russia continue to make great alliances and treaties to strengthen the East and continue the development of the new multipolar world order.

This is the most powerful alliance in the world..

russia and china are trying to change world order. Problem is, America and the West have mechanisms to thwart that from ever happening.

Sorry, but it will never happen..

This war in Ukraine is showing how Russia is immune to western sanctions and China is taking note..

The world is changing and de-dollarizing, and that is the key so that the west does not have influence against the BRICS, much less against China and Russia.

The world is inevitably shifting to a multipolar order, and whether we like it or not we must get used to it.

Well, we shall se who will be more satisfied in the future!

s for agreements it's always a "give & take"!

So, who will give what, and who in the longrun will have the upper hand?

Sooner than later this agreement will lead to a conflict and with PUTAin's desire to rule over the world .....

...... what will he try to annex next? Another speical limited operation?

*russia and china are trying to change world order. Problem is, America and the West have mechanisms to thwart that from ever happening.*

By the way, too much Rambo, Arnold and Rocky movies, LOOOOOL !!..

This is the most powerful alliance in the world..

It's not even an alliance. It's China and it's resource generator, Russia. That's like saying the US and Canada are the most powerful alliance in the world.

This war in Ukraine is showing how Russia is immune to western sanctions and China is taking note..

Russia may be willing to have the living standard of North Korea, but experience shows China wants more than that. No successful country is an island.

The world is changing and de-dollarizing, and that is the key so that the west does not have influence against the BRICS, much less against China and Russia.

BRICS are all bit players except for China and India eventually. De-dollarization is a term internet commentators use with no basis in reality:

https://en.wikipedia.org/wiki/Reserve_currency

The world is inevitably shifting to a multipolar order, and whether we like it or not we must get used to it.

No territory will exchange hands without war and the combatants are all nuclear armed.

Replace russia with US and Ukraine with Iraq. If you still condemn both invasions, then you're not a hypocrite.

Replace russia with US and Ukraine with Iraq. If you still condemn both invasions, then you're not a hypocrite.

Say what you will about the Iraq War, Saddam Hussein was not exactly a stable individual and Iraq is doing better today than it was under him (oil production is up from then).

China and Russia relationship is similar like US& UK, Canada partnership. They are not just a military alliance but also in economics, intelligences and political directions. Good to balance the turbulent world after the demised Soviet Union and Warsaw pact.

The world will see China has bigger nuclear arsenals in coming years with Russian help of providing enriched uranium, this is their partnership at work!

Taiwanisnotchina:

Say what you will about the Iraq War, Saddam Hussein was not exactly a stable individual and Iraq is doing better today than it was under him (oil production is up from then

Regardless how you feel (and I'd hardly use oil production as a Sign of doing better), UN charter denounces war, except in self defence. To continue my analogy, in 2003 the world should have united behind Saddam Hussein against the illegal invasion of Iraq by the US. #almajdlileiraq

Humans can be real hypocrites.

If China can buy energy so cheaply from Russia, isn’t that an unfair economic advantage over other countries which are punishing Russia with sanctions?

Russia is more firmly in China's pocket now. Like a good little vassal it will now follow its masters directives, or face the type of trade coercion already being leveled by China against others not willing to do its bidding. Russia would collapse without China's trade lifeline and Jinping knows it.

Checkmate to China, Russia has lost.

Play it any way you like, Russia now has no alternative to doing exactly as China wants it too or it can surrender to Ukraine. With options like that up Putin's sleeve he is well and truly in a box now, and unable to escape.