Russia wants to build a new world order with China

[Smartprofit]

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?

At present, I see no prerequisites for a strong alliance between Russia and China. 

Russia fears China.  The Chinese economy is 16 times more powerful than the Russian economy.  China has 10 times the population.  The conflict between Russia and the Western world is very beneficial to China. 

At present, China's position is only getting stronger.  China probably will not help Russia bypass the sanctions, and even more so will not provide it with military-technical assistance.  As a result, the position of the Chinese yuan in the world will strengthen. 

As for the US dollar, its position as the world's reserve currency will weaken.  For example, the freezing and confiscation of Russia's gold and foreign exchange reserves is negative for the US dollar. 

Because the world's reserve currency should be out of politics (regardless of the catastrophic nature of the events).

[wozzek23]

I have been wondering what would be the next move that Russia would take after the sanctions  that was imposed on them by the USA.

Well, it has come to this, and I don’t think that the US would be able to do anything when it comes to the decisions that other countries would be making for themselves. If other countries decide that it is time for them to dump the US dollar and choose another currency as a reserve, then they can all do that and the US wouldn’t be able to stop them from making that decision.

And as I’m seeing it, there’s likely to be a lot of countries that are ready to take such action. Countries that have been threatened by the US before due to one reason or the other would be ready to dump the US dollar and move to another reserve currency if it happens.

[aprilnot]

The US does not like this discourse. and they will do everything in their power to prevent it with the help of their allies. if the west had no influence, it would be to their detriment plus they were experiencing fairly high inflation. there might be a crisis if that happened. For now Russia's move can be prevented, but if the war ends. it may be difficult to maintain the influence of the USD. just now Russia has started to take steps such as only accepting GAS payments using rubles. and on the other hand slowly but surely China began to spread its influence.

[serjent05]

it will be difficult to shift America, which has long been a superpower in the global economic system,,,, but that does not mean it is impossible, the possibility that will shift America's position in the future is China, but it will also take decades to come

There is always a power shift at some point in time.  History can tell us about it.  It may not happen overnight but we can see its deterioration.  At the current event, we can see USA's influence over other countries getting weaker so depending on how the USA will solve it, and if they fail, we can possibly see another global power shift especially if China and Russia work overtime and convince countries that were abused and US ally countries that were used by the USA.

At present, I see no prerequisites for a strong alliance between Russia and China.  

Russia fears China.  The Chinese economy is 16 times more powerful than the Russian economy.  China has 10 times the population.  The conflict between Russia and the Western world is very beneficial to China.  

At present, China's position is only getting stronger.  China probably will not help Russia bypass the sanctions, and even more so will not provide it with military-technical assistance.  As a result, the position of the Chinese yuan in the world will strengthen.  

In an opportunist point of view this is a great idea but well, we don't know what will really happen and the USA is kinda worried that China might aid Russia so they send warning on China about helping Russia.

This event may possibly a turning point on the global power depends on how each involving country play their part on it.

The US does not like this discourse. and they will do everything in their power to prevent it with the help of their allies.

Or possibly to keep both their ally and "enemy"  on check.

[Kakmakr]

China and Russia can be a force to be reckoned with ...but China will risk getting sanctioned and they are very reliant on imports to feed their economy and their people.  

The top imports of China are Crude Petroleum ($150B), Integrated Circuits ($144B), Iron Ore ($99B), Cars ($42B), and Soybeans ($37.4B), importing mostly from Japan ($133B), South Korea ($131B), United States ($122B), Germany ($106B), and Chinese Taipei ($104B).
Source : https://oec.world/en/profile/country/chn

They also import a lot of meat (Pork) https://www.statista.com/statistics/1007957/china-processed-food-import-value-by-type/  So it is important for them to have good relations with the countries that are supplying the most of their protein. 

[tygeade]

it will be difficult to shift America, which has long been a superpower in the global economic system,,,, but that does not mean it is impossible, the possibility that will shift America's position in the future is China, but it will also take decades to come

Right about that, the word knows for sure that America will not be ready to give up the power easily. They would also try as much as possible to make sure that they retain their status as the world’s superpower. And there is no doubt that they are seeing what is happening, and it’s clear that they already see China as an opposition, so they would fight as much as possible to make sure that their economy and everything keeps growing so that they stay on top.

I’ve seen some analysts who have predicted that by 2030 to 2050, that China would be the world’s superpower. But, one thing we also have to know is that these predictions are based on what we are seeing presently, but we can’t really tell what would happen in the future.

[stompix]

Super secret picture from the procreation of the new world order


For full movie see zoohub

How many of those new world orders do we have to date, it was the Comecon, then BRICS, SCO...all going to dust if not to alright war between the members. China is applying the URSS technique, making Russia the enemy of the world so they can become their only partners, look how Russia was exploiting every single country in Africa and Latin America, not really helping them but making sure they cut all trading with the western world. The outcome? Complete poverty!

Wait till Pand humps Brown for real, the Qing never managed to conquer Siberia but Xi will.

I do not think that Medvedev's words should be taken seriously. In Russia, officials are accustomed to embellish the situation and wishful thinking. Sanctions work and work very effectively.

Medvedev was the guy (youtube link) claiming that Apple is scared of the Russian Yota phone. Other officials talked about Marrusia beating Ferrari and Lamborghini, and that the EAEU will overcome the EU by 2020 in trade volume...

Russia can take Ukraine in a day but they are also not in a hurry for they don't want to spend all thier ammunition on this country that they consider peony.

Of course comrade, you could do it in 1 hour, the only thing you need to do is drink a bottle of vodka, go to sleep, and dream about it, you've lost almost half of your stock of vehicles that actually work and you talk about conquering stuff. Keep that ammunition for shopping, vodka might be tough to get without a grenade.

[Smartprofit]

China and Russia can be a force to be reckoned with ...but China will risk getting sanctioned and they are very reliant on imports to feed their economy and their people.  

The top imports of China are Crude Petroleum ($150B), Integrated Circuits ($144B), Iron Ore ($99B), Cars ($42B), and Soybeans ($37.4B), importing mostly from Japan ($133B), South Korea ($131B), United States ($122B), Germany ($106B), and Chinese Taipei ($104B).
Source : https://oec.world/en/profile/country/chn

They also import a lot of meat (Pork) https://www.statista.com/statistics/1007957/china-processed-food-import-value-by-type/  So it is important for them to have good relations with the countries that are supplying the most of their protein.  

In my opinion, China is not a country, China is a civilization.  Chinese civilization has existed for 5,000 years.  

The Chinese took the best from the USSR.  In particular, they use long-term five-year planning.  China never makes rash and spontaneous actions.  

I think that China does not want the US and the Western world to impose serious sanctions against it.  He is not ready to suffer because of the actions of Russia.

China needs advanced American technology.  

He can use Russia's problems to buy raw materials at a lower price.  Russia has no other alternative than to cooperate with China.  

China is also interested in long-term land leases in Siberia and Chinese expansion in Siberia and the Far East.

[DanWalker]

it will be difficult to shift America, which has long been a superpower in the global economic system,,,, but that does not mean it is impossible, the possibility that will shift America's position in the future is China, but it will also take decades to come

Right about that, the word knows for sure that America will not be ready to give up the power easily. They would also try as much as possible to make sure that they retain their status as the world’s superpower. And there is no doubt that they are seeing what is happening, and it’s clear that they already see China as an opposition, so they would fight as much as possible to make sure that their economy and everything keeps growing so that they stay on top.

I’ve seen some analysts who have predicted that by 2030 to 2050, that China would be the world’s superpower. But, one thing we also have to know is that these predictions are based on what we are seeing presently, but we can’t really tell what would happen in the future.

Of course they will do everything to prevent this from happening, no one wants to lose their throne. Russia and China are two major rivals of the US from military to economic. The US has made the mistake of taking wrong actions to push Russia and China closer and closer together. they will have to fight to prevent the rise of these two great powers.

Russia and China really need a long time to pivot the world economy in their favor, but they have been doing it.

[serjent05]

In my opinion, China is not a country, China is a civilization.  Chinese civilization has existed for 5,000 years.  

And this Chinese civilization can be found in China, a country that has an area of 9.597 million km² .

The Chinese took the best from the USSR.  In particular, they use long-term five-year planning.  China never makes rash and spontaneous actions.  

I agree they took things bit by bit, just like how they set up a man-made Island on the Scarborough shoal.

I think that China does not want the US and the Western world to impose serious sanctions against it.  He is not ready to suffer because of the actions of Russia.


China needs advanced American technology.  

He can use Russia's problems to buy raw materials at a lower price.  Russia has no other alternative than to cooperate with China.  

I also believe China is not willing to suffer because of the actions made by Russia and I bet they wanted to take profit from it instead.  All their action is to keep their "friendly" ties with both parties.

[henmark]

By the looks of it, they actually could pull something like this off. I mean china do needs energy I am sure, maybe not as much as Europe, but who would say no to more energy? And Russia needs money and who else has money like china? Which means that they possibly could. Look at the situation, Russia is sanctioned off from most of the rich nations in the world, sure there are some richer compared to low end, but the USA? the UK? France? Germany?

I mean these are HUGE nations and Russia just got sanctions off from them. Not to even consider all the assets that got frozen as well. What's the result? Russian economy had a small hiccup and then got back to where it was.

[Smartprofit]

By the looks of it, they actually could pull something like this off. I mean china do needs energy I am sure, maybe not as much as Europe, but who would say no to more energy? And Russia needs money and who else has money like china? Which means that they possibly could. Look at the situation, Russia is sanctioned off from most of the rich nations in the world, sure there are some richer compared to low end, but the USA? the UK? France? Germany?

I mean these are HUGE nations and Russia just got sanctions off from them. Not to even consider all the assets that got frozen as well. What's the result? Russian economy had a small hiccup and then got back to where it was.

In my opinion, the situation in the Russian economy is very negative.  However, the trouble has not yet come. 

In addition to the sanctions by the states against Russia, sanctions were imposed by various foreign companies (there are more than 400 such companies).  The Russian economy is included in the global economy.  Therefore, the withdrawal of foreign companies from Russia destroys the Russian economy. 

For example, the Sapsan and Lastochka trains are trains created by the German company Siemens.  The German company Siemens completely stopped its financial and economic activities in the Russian Federation.  Therefore, when the Peregrine Falcons and Lastochkas start to break down, Russia will not have the spare parts, technology and specialists to fix them.  At the same time, Russia is a country with a huge territory, which has a great need for a well-functioning railway communication. 

This is just one example. 

It is even more catastrophic that companies engaged in transnational container transportation refused to cooperate with Russia.  In essence, this means exclusion from the world's supply chains.  This will stop imports to Russia not only of food and consumer goods, but also of factory equipment. 

This will lead to the shutdown of many plants and factories, as well as mass unemployment.

[mindrust]

Not true. The US is the original planner of the new world order. They just want to stay out of what the US has been building.

Biden said this himself few days ago:

https://www.youtube.com/watch?v=8z5VtVARMag

"...and now is the time things are shifting there is gonna be a new world order and we've gotta lead it..."

[kryptqnick]

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 a great April fool's joke, IMO. Russia wasn't a big economy before the war, and now it's only getting worse. Sanctions have affected Russian economy significantly, and you can look at ruble's value, at Russian YouTube videos about the prices in supermarkets, at the very least, to see how it's going. And sanctions aren't over, new packages are being prepared all the time. As for China, it's a strong economy, but it's heavily based on a difficult interdependence of China and Western countries. And the US already had a talk with China, reaching a level of understanding that China isn't to help Russia evade the sanctions if it doesn't want harsh consequences.
Also, China isn't a fan of brute force, not really. They prefer the economic and political wars with the West, not outright invading sovereign nations like Russia decided to do, and China is somewhat competing for influence with Russia in the region, so their interests aren't fully aligned. So this new order, thankfully, won't happen.

[uneng]

This is a great April fool's joke, IMO. Russia wasn't a big economy before the war, and now it's only getting worse.

True, but they compensate economical weakness with military strength, which is abundant in Russia. That is the way to conquer new territories and develop economy.

Sanctions have affected Russian economy significantly, and you can look at ruble's value, at Russian YouTube videos about the prices in supermarkets, at the very least, to see how it's going. And sanctions aren't over, new packages are being prepared all the time.

Hopefully this can slow down Russia on long run, however nothing is certain yet, because the more precarious the local economy becomes, more threatening and desperate Russia will be to the world following the "kamikazi" style.

As for China, it's a strong economy, but it's heavily based on a difficult interdependence of China and Western countries. And the US already had a talk with China, reaching a level of understanding that China isn't to help Russia evade the sanctions if it doesn't want harsh consequences.
Also, China isn't a fan of brute force, not really. They prefer the economic and political wars with the West, not outright invading sovereign nations like Russia decided to do, and China is somewhat competing for influence with Russia in the region, so their interests aren't fully aligned. So this new order, thankfully, won't happen.

You are right, but it doesn't mean China can't become aggressive at some point. China has this stance towards the world mentioned by you because it's the most interesting and profitable thing to do for now. But if they glimpse there is a good chance to enslave another nations, just like they do with their own people, they are going for it, without any doubts.

Russia and China are united by tyrannical ties and will only turn against each other once the free countries are under their domain.

I hope this new order doesn't happen, although it's a fact the intention in achieving this exist.

[minairia3]

it will be difficult to shift America, which has long been a superpower in the global economic system,,,, but that does not mean it is impossible, the possibility that will shift America's position in the future is China, but it will also take decades to come

Right about that, the word knows for sure that America will not be ready to give up the power easily. They would also try as much as possible to make sure that they retain their status as the world’s superpower. And there is no doubt that they are seeing what is happening, and it’s clear that they already see China as an opposition, so they would fight as much as possible to make sure that their economy and everything keeps growing so that they stay on top.

I’ve seen some analysts who have predicted that by 2030 to 2050, that China would be the world’s superpower. But, one thing we also have to know is that these predictions are based on what we are seeing presently, but we can’t really tell what would happen in the future.

The United States, Russia, and China emerged as superpowers when their power waned as a result of the infinite losses of Britain and France in World War II.  And from the very beginning, these three countries have been competing to outdo each other.

Despite the unilateral rule of the United States and Russia, China has made significant progress in trade, and as you says, "China is expected to become a superpower by 2030-2050." 
But, America is not going to give up so easily. He will never tolerate the rise of China. Now let's see what happens.

[Fortify]

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?

It might be your dream, but in reality it will end up a nightmare. Countries in Europe and places like America are definitely not perfect, but at least the people have a real ability to change the course of their future. Russia's economy, stunted as it is by such a hopeless form of authoritarian government, is always built on sand. China is much the same - everybody trying to climb the party ladder but the average person on the street having near zero influence. The reason countries like America prosper is it breeds creativity, people are not as scared of offending somebody with political power and there is much less corruption. Corruption can eat away at the very fabric of a society and it is prevalent in any authoritarian state. These countries might look powerful, but they have hollow hearts.

[RealMalatesta]

It might be your dream, but in reality it will end up a nightmare. Countries in Europe and places like America are definitely not perfect, but at least the people have a real ability to change the course of their future. Russia's economy, stunted as it is by such a hopeless form of authoritarian government, is always built on sand. China is much the same - everybody trying to climb the party ladder but the average person on the street having near zero influence. The reason countries like America prosper is it breeds creativity, people are not as scared of offending somebody with political power and there is much less corruption. Corruption can eat away at the very fabric of a society and it is prevalent in any authoritarian state. These countries might look powerful, but they have hollow hearts.

I am not 100% sure if the people in the west have that chance, there is a delusion that they can change it for sure but do they really have it? Like let's take "democracy" at hand in the USA, sure there is some, sure it is not dictatorship, I am not against that at all, you are right if that is the line we are drawing.

However, with just 2 parties, and most parties saying one thing different from the other but somehow everything ending up exactly the same is really a bit weird and doesn't feel that right to me. I am not there, so only an American should answer this, but I do not see any difference between trump and Biden when you look at what they do, instead of what they say.

[suzanne5223]

I think all this country's political or world leaders didn't understand that their national fiat currency is weakened by high inflation not only the USD because the world is changing to cryptocurrency and only naive people won't understand that fiat currency is becoming obsolete every day.
Having said that, I wonder how a country could be so confident about creating a new world order system with the thought that it will thrive when the world economy is already scribbled and the last time i checked the sanction which they resume to be hellish what to prevent their President from making a further wrong decision.

[crzy]

I think all this country's political or world leaders didn't understand that their national fiat currency is weakened by high inflation not only the USD because the world is changing to cryptocurrency and only naive people won't understand that fiat currency is becoming obsolete every day.
Having said that, I wonder how a country could be so confident about creating a new world order system with the thought that it will thrive when the world economy is already scribbled and the last time i checked the sanction which they resume to be hellish what to prevent their President from making a further wrong decision.

They are preventing a decentralized system as much as possible and we know how China and Russia controls their people so they are now taking actions so they can still have control over it especially with their fiat currency or else if crypto will become legal, this can be a big threat from them. Inflations are everywhere, this is pretty normal what not normal is the rapid increase of this which makes many currency devaluate.