Russia wants to build a new world order with China

[boty]

I really believe in the new world economy. This is very beneficial for China, I think they will promote it. Now gas is bought for Yuan, India also buys gas not for dollars, some European countries are ready to buy gas for rubles.  Everything is moving in this direction. It's very interesting what the end result will be!

dollar domination soon or later will shifted to another currency, and current war be the moment for this. several countries , especially Russian friend agree to use Rubble as payment currency,. i am believe this war will not stop here, we will see another trade war between Russian alliance and also US alliance about world currency. interesting to see what will happen to CHina and India do after this, as we know they could not easily dictated by US.

[inthelongrun]

I really believe in the new world economy. This is very beneficial for China, I think they will promote it. Now gas is bought for Yuan, India also buys gas not for dollars, some European countries are ready to buy gas for rubles.  Everything is moving in this direction. It's very interesting what the end result will be!

I am residing in India, and I don't believe that the government here has the balls to offend the Americans in a big way. Although Indian oil companies are purchasing Russian oil and LNG at discounted rates, if the Americans threaten sanctions on them they will refrain from such purchases. With regards to China, they are in a stronger position when compared to India. But even they will rethink about purchases from Russia in case there is a threat of sanctions from the United States. It will be interesting to wait for another two months or so, when the contracts signed before the war are realized and the new ones need to be signed. 

With India, I don't know how will react if the US sanctions them, and China I think they are not afraid of any sanctions. They are Russia's closest ally and they are the most populous country in the world, they need cheap oil and gas from Russia. The US export sanctions under President Trump have dealt a heavy blow to China, but also left a heavy impact on the US economy. China is the biggest factory in the world and they have a very strong self-sustaining economy, any country against China will hurt themselves.

India is in a different situation and will try its best to become neutral while not compromising their economy. India is having a special relationship even during USSR days and then later with Russia. But is also an enemy of China which is a very close ally to Russia. Also there's China backed Pakistan, another rival of India which is trying to become closer to Russia. And considering India's huge population and economy, they really need cheaper and discounted Russian gas. But India cannot just ignore the US and the west because when war happens it will face two huge fronts; in the west against Pakistan and China in the North.

[be.open]

I really believe in the new world economy. This is very beneficial for China, I think they will promote it. Now gas is bought for Yuan, India also buys gas not for dollars, some European countries are ready to buy gas for rubles.  Everything is moving in this direction. It's very interesting what the end result will be!

I am residing in India, and I don't believe that the government here has the balls to offend the Americans in a big way. Although Indian oil companies are purchasing Russian oil and LNG at discounted rates, if the Americans threaten sanctions on them they will refrain from such purchases. With regards to China, they are in a stronger position when compared to India. But even they will rethink about purchases from Russia in case there is a threat of sanctions from the United States. It will be interesting to wait for another two months or so, when the contracts signed before the war are realized and the new ones need to be signed.  

With India, I don't know how will react if the US sanctions them, and China I think they are not afraid of any sanctions. They are Russia's closest ally and they are the most populous country in the world, they need cheap oil and gas from Russia. The US export sanctions under President Trump have dealt a heavy blow to China, but also left a heavy impact on the US economy. China is the biggest factory in the world and they have a very strong self-sustaining economy, any country against China will hurt themselves.

India is in a different situation and will try its best to become neutral while not compromising their economy. India is having a special relationship even during USSR days and then later with Russia. But is also an enemy of China which is a very close ally to Russia. Also there's China backed Pakistan, another rival of India which is trying to become closer to Russia. And considering India's huge population and economy, they really need cheaper and discounted Russian gas. But India cannot just ignore the US and the west because when war happens it will face two huge fronts; in the west against Pakistan and China in the North.

You are right that Russia has good partnerships with India and China, and there are border disputes between India and China with regular flare-ups. I think Russia has enough authority and diplomatic wisdom to balance and mitigate the contradictions between India and China without making any particular preference for one or the other. This strategic alliance can become historically great, because there are now four active centers of power in the world (Russia, USA, India and China), and if three of them act in a coordinated manner, without prejudice to their own national interests, then the current model of a unipolar world, which imposes the United States on everyone, will cease to exist.

Let Europe not be offended that it is not on this list - its policy has long been no longer independent and is completely subordinate to the interests of the United States. There is a wonderful saying in India, I'm not sure that I can accurately translate it into English, but I'll try - a thousand years a city, a thousand years a forest. European civilization is fading, it has a rich history and cultural traditions, but it is not a center of power anymore.

[Xampeuu]

I really believe in the new world economy. This is very beneficial for China, I think they will promote it. Now gas is bought for Yuan, India also buys gas not for dollars, some European countries are ready to buy gas for rubles.  Everything is moving in this direction. It's very interesting what the end result will be!

dollar domination soon or later will shifted to another currency, and current war be the moment for this. several countries , especially Russian friend agree to use Rubble as payment currency,. i am believe this war will not stop here, we will see another trade war between Russian alliance and also US alliance about world currency. interesting to see what will happen to CHina and India do after this, as we know they could not easily dictated by US.

the dollar seems to be no longer relevance as a standard world currency, where they seem to show the economic strength of their respective countries, and indeed there is nothing wrong with that, because this is a trade war, and again of course the usa will not remain silent, even though at this time i Seeing that China seems to be the mecca of the world economy, because there are many countries that need Chinese products that are able to compete with other countries, even products from each country itself.

[Sithara007]

the dollar seems to be no longer relevance as a standard world currency, where they seem to show the economic strength of their respective countries, and indeed there is nothing wrong with that, because this is a trade war, and again of course the usa will not remain silent, even though at this time i Seeing that China seems to be the mecca of the world economy, because there are many countries that need Chinese products that are able to compete with other countries, even products from each country itself.

A lot of people have predicted that the US Dollar will cease to be the trade currency of the world, for many decades. But even now, we can't deny the fact that the USD is being used for vast majority of the international trade and countries such as China and Japan are having the major share of their forex reserves denominated in the USD. It will take many decades of efforts from super-powers such as China to change this situation. And in terms of comparison, none of the other fiat currencies (including the CNY and EUR) are in a position to replace the USD.

[Pejoh Asu]

China and Russia are 2 countries that have strong economic power at this time, although Europe's plan to impose sanctions on Russia due to the invasion of Ukraine but I'm sure this will not have any impact because they have a strong ally, namely China. the plan to create a new world order is certainly a good idea to make the global economic position more stable.

[bakasabo]

Anyone really believes that much in new world order? Do you think you guys are overreacting and creating a monster from Russia? Of course what they do now is wrong. For years no one noticed that Russia is so bad, but all of a sudden, in just one month they turned from attack on Ukraine into being most evil country that to wants rule entire world. If they are really that bad, why dont they destroy everything that is beyond Russian border, they do have that firepower after all, and build a new world ? Because it is easier to build new, instead of redoing or fixing others.

[istiak2277]

Anyone really believes that much in new world order? Do you think you guys are overreacting and creating a monster from Russia? Of course what they do now is wrong. For years no one noticed that Russia is so bad, but all of a sudden, in just one month they turned from attack on Ukraine into being most evil country that to wants rule entire world. If they are really that bad, why dont they destroy everything that is beyond Russian border, they do have that firepower after all, and build a new world ? Because it is easier to build new, instead of redoing or fixing others.

Roman empire, Mongol empire, Mughal empire, Nazi empire once dominate the soil of earth. But in time they fall new power came forward. New power means new order or we can say change of order. Losing war on Afghanistan and NATO refused to direct conflict with Russia shift the balance of power. World now shift to multi polar system when close ally of USA like pakistan, Saudi arabia even india refused to co operate with USA to put sanction on russia.

Power shifting can be happens if either one scenario is valid from these two:

1. Economical instability of current power house.
2. Infrastructural and Administrative destruction of that country.

USA economy already weaken due to record breaking inflation. On the other hand we have seen increasing number of gun violence recently. Also in last election how trump supporter entered Administrative buildings with guns also a concerning matters. At the same time the growing power of chinses military thoughts on the forehead of US administrative. Everything's shows USA dire situation.

[BuNga_cute]

China and Russia are 2 countries that have strong economic power at this time, although Europe's plan to impose sanctions on Russia due to the invasion of Ukraine but I'm sure this will not have any impact because they have a strong ally, namely China. the plan to create a new world order is certainly a good idea to make the global economic position more stable.

In fact, it would be good if America and several major European countries had rivals from China and Russia in controlling the world. As you said
with China and Russia working together to create a new world order, will make the global economy more equitable. But of course if creating
a new world order through war I strongly disagree. There are many ways that Russia can do to deal with the domination of the United States
which is too powerful, not have to carry out the invasion of Ukraine which caused many civilians to become victims. So far, Russia and China
are close, this can be seen from the increased cooperation between the two countries in collaborating against the United States and western
countries,  especially in the economic sector. Many observers of world politics have told the media that China will support Russia diplomatically
and economically if Russia attacks Ukraine, although China will not provide military support to Russia. So it is not surprising that the United States
believes that Russia's actions against Ukraine are part of the establishment of the new world order with China.

[ningrum]

China and Russia are 2 countries that have strong economic power at this time, although Europe's plan to impose sanctions on Russia due to the invasion of Ukraine but I'm sure this will not have any impact because they have a strong ally, namely China. the plan to create a new world order is certainly a good idea to make the global economic position more stable.

Yes, after all Russia and China besides having strong economic power they are also big countries,
the two countries can be said to be able to stand alone without depending on other countries because they have a strong economy and sufficient resources,
this is interesting to discuss and let's see if the plan will materialize or not

[electronicash]

China and Russia are 2 countries that have strong economic power at this time, although Europe's plan to impose sanctions on Russia due to the invasion of Ukraine but I'm sure this will not have any impact because they have a strong ally, namely China. the plan to create a new world order is certainly a good idea to make the global economic position more stable.

Yes, after all Russia and China besides having strong economic power they are also big countries,
the two countries can be said to be able to stand alone without depending on other countries because they have a strong economy and sufficient resources,
this is interesting to discuss and let's see if the plan will materialize or not

it's close to being achieved through the China's BRI. when thie BRI will be completed from China, going to Kazakstan, Russia to Ukraine going to Africa and Germany, China will dominate every country in the region. China doesn't have to do war to invade a country, they just have to do business there delivering products from China to every station of the train they' build.

China does need the countries where they build this train so there is no need for war. if i were to choose who is to rule the world, none actually but it seems China is taking over every country. what can i say, i cry watching Jakie Chan's movie.

[ultrloa]

China and Russia are 2 countries that have strong economic power at this time, although Europe's plan to impose sanctions on Russia due to the invasion of Ukraine but I'm sure this will not have any impact because they have a strong ally, namely China. the plan to create a new world order is certainly a good idea to make the global economic position more stable.

Yes, after all Russia and China besides having strong economic power they are also big countries,
the two countries can be said to be able to stand alone without depending on other countries because they have a strong economy and sufficient resources,
this is interesting to discuss and let's see if the plan will materialize or not

For having petro-dollar penetrating in economy will make them became more bigger as this will divide on what supposed to be natural things on economy. And I guess for inserting this the demand for US dollars will lessen since many countries will have an option to use Yuan if they want to get out in control of US upon buying oil in Russia. This is truly interesting and let see if they succeed since this will give huge effect on USA.

[Sebas.tian]

China and Russia are 2 countries that have strong economic power at this time, although Europe's plan to impose sanctions on Russia due to the invasion of Ukraine but I'm sure this will not have any impact because they have a strong ally, namely China. the plan to create a new world order is certainly a good idea to make the global economic position more stable.

I disagree with you, because there are many countries who are more stronger than China and Russia in terms of economic power in the world. Many countries are not happy about what Russian is doing to Ukraine citizens but very soon Russian will realize what they have done to their economy, if they fail to embrace peace with Ukraine. It will be difficult for any country to create a new world because other countries will never allow such thing to happen to the world economy or to allow such thing to happen to our global economic because of crisis.

[ChiBitCTy]

It’s funny they can both say whatever they want in regards to becoming the “new world order” but the fact if the matter is both have major economical issues themselves. As we’ve seen from this War major sanctions have been placed on Russia, hurting its economy is a big way. China themselves lie about the stability of their economy all the time. They have major issues with ghost cities. I don’t see this happening anytime soon.

[Dunamisx]

A new economic system is coming to the world and that system will not be dominated by the West. Russian Security Council Deputy Chairman Dmitry Medvedev (former Russian president) said in an interview with Russian media yesterday.

And you tend to believe this? do you know that anyone can out boldly to the media and make a claim to suit his person taste or purpose without even considering the general opinion by people, but let me drop this, don't ever underestimate the ability of the western region when it comes to the economy at large.

High inflation rates weaken USD dominance for sure but are it really possible to replace USD as a reserve currency or the USA will allow that so easily? The era of regional currency is coming?

If it were to be replaced, which currency do you think could best suit the space of USD? USDT? I don't see any currency to replace USD role to the economy except cryptocurrency which can only complement it for now. Russia cannot even work on such implementation for now because of the challenges its passing through and it looking for a way out through bitcoin, US is not the first country to experience inflation just that this time its having it hard.

[Paul Pogba]

A plan to create a new world order will be difficult to achieve if countries still need supplies from other countries, as we know that China is a country that needs oil and gas and they have to buy from other countries, a new world order is only effective if the country has very strong economic power strong.

[bustabitsboy]

A new economic system is coming to the world and that system will not be dominated by the West. Russian Security Council Deputy Chairman Dmitry Medvedev (former Russian president) said in an interview with Russian media yesterday.

Medvedev said: "Hellish sanctions imposed on Russia by the United States, the EU, and their allies in the Ukraine conflict have failed to cripple Russia. Now, these sanctions are coming back to the West.

"As the West continues its futile efforts to corner Russia, the world is slowly moving towards a new global economic relationship. We are moving towards improving the financial system ', he added.

"Confidence in the reserve currency is fading like a morning mist and the prospect of the dollar and the euro leaving does not seem unrealistic now," Medvedev said.

High inflation rates weaken USD dominance for sure but are it really possible to replace USD as a reserve currency or the USA will allow that so easily? The era of regional currency is coming?

This is currently happening. Could we imagine a few years ago what we see today? It is profitable for any country in the world to sell their goods for their own currency. This saves a lot of money and contributes to the development of the country as a whole. I think that in the near future, it is clear that there will be four major powers - the USA, China, Russia and India. The rest of the countries will have to join them and be under their protection. Each group will have its own system of monetary relations and the order of interaction between countries.

[Ozero]

China and Russia are 2 countries that have strong economic power at this time, although Europe's plan to impose sanctions on Russia due to the invasion of Ukraine but I'm sure this will not have any impact because they have a strong ally, namely China. the plan to create a new world order is certainly a good idea to make the global economic position more stable.

On the Russian Federation as an economically strong state, you can already put a big and bold cross. All Russia's imperial ambitions are slowly fading into the past, and this will become more and more noticeable over time. Putin and his entourage made a big strategic mistake by launching a military attack on Ukraine. Massive war crimes and the genocide of the Ukrainian people caused almost one-flock support for Ukraine by the world community. Russia has almost suffered a military defeat in Ukraine thanks to the help of weapons from countries that condemn such a large-scale aggression in the center of Europe.
In addition, sanctions, and especially the forthcoming embargo on energy resources from Russia, will throw this country almost back to the Middle Ages. China will not be Russia's partner. This country simply uses Russia for its own purposes and then abandons it, taking even larger territories of Russia, which it has long claimed.

[Sithara007]

China and Russia are 2 countries that have strong economic power at this time, although Europe's plan to impose sanctions on Russia due to the invasion of Ukraine but I'm sure this will not have any impact because they have a strong ally, namely China. the plan to create a new world order is certainly a good idea to make the global economic position more stable.

Yes, after all Russia and China besides having strong economic power they are also big countries,
the two countries can be said to be able to stand alone without depending on other countries because they have a strong economy and sufficient resources,
this is interesting to discuss and let's see if the plan will materialize or not

Two countries alone can't make up a major trading bloc or come up with a new world order. Right now, only a handful of countries are on their side and these are mostly pariah states such as North Korea, Zimbabwe, Venezuela and Syria. Even traditional allies of Russia, such as Serbia and Bulgaria have now joined the NATO bloc. Fastest growing economies, such as Brazil, India, Indonesia and Nigeria remain opposed to the Russia-China alliance due to varying reasons (in case of India, as a result of the ongoing border dispute with China on Aksai Chin region).

[be.open]

China and Russia are 2 countries that have strong economic power at this time, although Europe's plan to impose sanctions on Russia due to the invasion of Ukraine but I'm sure this will not have any impact because they have a strong ally, namely China. the plan to create a new world order is certainly a good idea to make the global economic position more stable.

Yes, after all Russia and China besides having strong economic power they are also big countries,
the two countries can be said to be able to stand alone without depending on other countries because they have a strong economy and sufficient resources,
this is interesting to discuss and let's see if the plan will materialize or not

Two countries alone can't make up a major trading bloc or come up with a new world order. Right now, only a handful of countries are on their side and these are mostly pariah states such as North Korea, Zimbabwe, Venezuela and Syria. Even traditional allies of Russia, such as Serbia and Bulgaria have now joined the NATO bloc. Fastest growing economies, such as Brazil, India, Indonesia and Nigeria remain opposed to the Russia-China alliance due to varying reasons (in case of India, as a result of the ongoing border dispute with China on Aksai Chin region).

However, they have already done so. China is a difficult ally because it puts its national interests above all else and cherishes plans for the leading role of the Middle Kingdom in the world. The Chinese do not assimilate with the locals, and when the Chinese come to any city, a Chinatown appears in the city. There are relatively few Chinese in Russia just because they don't like cold weather and prefer a warmer climate. Therefore, China's interests in Russia are predominantly resource-oriented. But since resources in Russia are in great abundance, relations between Russia and China are now mutually beneficial - therefore the alliance exists.