China's top leader Xi Jinping has wrapped up a state visit to Moscow, where he held
nearly three full days of talks with Russia's President Vladimir Putin.
Before beginning their meeting, the leaders shook hands, grinned, and addressed one another
as "dear friends" while complimenting one another.
But…
Xi Jinping and Vladimir Putin have held several meetings in the past, 40 times to be exact,
as they are leaders of two of the world's most powerful countries, China and Russia,
respectively.
These meetings have covered various topics such as economic cooperation, international
relations, and regional security.
But this meeting has sparked interest worldwide…
And the West is particularly concerned about this new alliance…
Why is that so?
Russian President Vladimir Putin warmly welcomed Chinese leader Xi Jinping to the Kremlin on,
ending a powerful message to Western leaders that their attempts to isolate Moscow over
the bloodshed in Ukraine have failed.
And…
Following the issuance of an international arrest warrant for the leader of the Kremlin
on war crimes allegations relating to Ukraine, Xi's trip showcased Beijing's new diplomatic
swagger and handed Putin a political boost.
The two major powers have described Xi’s three-day trip as an opportunity to deepen
their “no-limits friendship.”
And this friendship or strong ties, whatever you may call… is beneficial for both countries,
economically…
For its energy-hungry economy, China looks to Russia as a source of oil and gas.
It also sees Russia as an ally in resisting American aggression, global hegemony, and
harsh punishment for its human rights records.
And on the other hand…
Russia has grown increasingly reliant on China as both an import market and an exporter of
electronics after being slapped with sweeping sanctions.
In fact, For Putin, the visit was a diplomatic boon in a time of need…
Because of the war, Putin has long been shunned by Western politicians.
But, in front of the cameras during talks with Xi, the Chinese president hailed Putin's
"strong leadership" and even urged the Russian people to vote for him again in 2024.
Additionally, In this "anti-Western world", Russia is heavily reliant on China - now more
than ever, as the war rages in Ukraine.
So, the connection between China and Russia is symbiotic, with China supplying Russia
with economic possibilities and investment in exchange for Russia giving China more clout
in the global arena and support for its assertive foreign policy.
Now, what are the key takeaways from this meeting?
Well…
One of the key takeaways from the meeting is the agreement between Russia and China
to promote the stable development of the global financial system…
The two leaders' agreement to cooperate economically may result in more trade, investment, and
technological cooperation between the two nations.
And this could have a favorable influence on the global economy, particularly in terms
of stimulating trade and investment flows.
Moreover…
It is important to remember that both China and Russia have been working to lessen their
reliance on the US currency in international trade, and this deal may help them further
with that goal.
So, this meeting might help them in their efforts to rely less on the US dollar, which
might have long-term effects on the world financial system.
Similarly, the two countries are also increasingly ideologically aligned in their opposition
to the U.S.-led world order.
Beijing and Moscow have both accused Washington of attempting to stifle their growth and isolate
them as they compete with it for regional and global leadership.
Furthermore, the meeting's emphasis on military mutual trust may have consequences for world
security and stability.
In a joint statement, Russia and China vowed to "further deepen military mutual trust,"
citing increased military cooperation and exchanges as well as regular joint maritime
and aerial patrols.
Also, it is important to mention here that…
The meetings yielded no breakthrough in resolving the conflict in Ukraine…
Although Xi made a strong show of solidarity with Putin against the West, he barely mentioned
the Ukraine conflict.
And for all the fanfare around his peace efforts, Xi kept up a political balancing act in which
he neither condemned Russian actions nor provided Putin military support.
On the other hand, Putin also praised Xi during one meeting for a peace plan he put forth
last month regarding Ukraine.
And, as Xi left Moscow, Ukraine faced a new series of Russian drone attacks, which killed
at least three people and damaged some infrastructure across the country.
So, the Chinese aren’t providing weapons (yet), but Xi certainly offered moral and
psychological support in what might be described as a get-well visit to an ailing relative…
Hence, there is widespread skepticism of China's intentions…
As a matter of fact, The West is afraid that China, (which it has obviously denied), may
arm Russia in the conflict and has not supported any of the actions.
China has refrained from providing Russia's military with supplies, which might exacerbate
relations with Washington and turn crucial European trading allies against China.
Another point is that some analysts believe that a strong China is bolstering a weak Russia
(in a negative way, obviously) China controls every aspect of the partnership
between the two nations.
When measured by purchasing power parity, its economy is six times larger, and its influence
is going to escalate further in the future…
And as geopolitics analysts would say, China never acts purely out of altruism and there
is always a price for its support or intervention.
So, unless there is an unexpected flip this weaker Russia will gradually come under the
control of China.
Perhaps this is the main motivation behind Xi's brotherly visit: He is strengthening
a flank against the West and the United States.
Still, China has got to walk a tightrope of standing by its strategic allies and objectives
while avoiding alienating the West and potentially losing access to markets that are essential
for its exports and development.
Outro So, what do you think about China’s intentions
of taking over the globe?
We will be happy to hear your thoughts.
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