The statement (click here) by Chinese Foreign Minister Wang Yi on 22 December
2014: “If the Russian side needs it, we will provide necessary
assistance within our capacity” – is a clear testimony that Russia and
China have entered into an economic alliance which will be stronger than
the incessant ruble and petrol devaluation manipulations by Washington,
aided by the European puppets.
China, leading member of the BRICS, is lining up the bloc of the BRICS and that of the SCO – and their currencies – to support Russia in need. Currency swaps between Russia (ruble) and China (yuan) for an initial US$ 25 billion equivalent have already been implemented, to allow direct transactions between the two countries. Similar swaps are under way between China and Russia with other countries, primarily the BRICS and the SCO (Shanghai Cooperation Organization) members – including the soon to become new members – Iran, Pakistan, India (also a BRICS member) and Mongolia – and possibly in some not too distant future also strategically located NATO member Turkey....
Rarely is China and Russia spoken of together in the same breath. It is error to ignore the strong ties these two countries have. In the article below is a time line previous to September 11, 2001. It reveals a strategic relationship.
The third quarter (click here) began with the signing of a historic friendship treaty between Russia and China that was inspired, at least partiall y, because of their difficult relations with Washington in the post-Cold War years. But, the quarter’s end, however, both Moscow and Beijing found their foreign policy priorities significantly altered by the tragic terrorist attacks on the United States on Sept. 11. Russia and China are now faced with the possibility of a strategic plunge by the world’s sole superpower into their highly volatile and sensitive “backyard.” Indeed, the Sino- Russian friendship treaty and the Shanghai Cooperative Organization (SCO) – the two pillars of Moscow and Beijing’s regional foreign and security policies – are subject to severe test by a fat changing security environment at both the global and regional levels....
I think it is fairly obvious the USA's relationship with China does not stand alone. China will never sign onto TPP. It is one with Russia in a strategic posture to balance the impact of The West.
That is simply a fact. The geo-political relationship between two of the permanent members of the UN Security Council is a fact of life. I think China proved to be a formidable ally in the rest currency adjustment that caused Wall Street spasms for a few days.
Got that? China or Russia are not readily at the mercy of The West. Consider that reality law.
June 4, 2014
By Michael Pizzi
...“There is no reason (click here) why you have to settle trade you do with Japan in dollars,” another Russian head of a large European Bank told the Financial Times. “There is nothing wrong with Russia trying to reduce its dependency on the dollar; actually, it is an entirely reasonable thing to do.”...
China, leading member of the BRICS, is lining up the bloc of the BRICS and that of the SCO – and their currencies – to support Russia in need. Currency swaps between Russia (ruble) and China (yuan) for an initial US$ 25 billion equivalent have already been implemented, to allow direct transactions between the two countries. Similar swaps are under way between China and Russia with other countries, primarily the BRICS and the SCO (Shanghai Cooperation Organization) members – including the soon to become new members – Iran, Pakistan, India (also a BRICS member) and Mongolia – and possibly in some not too distant future also strategically located NATO member Turkey....
Rarely is China and Russia spoken of together in the same breath. It is error to ignore the strong ties these two countries have. In the article below is a time line previous to September 11, 2001. It reveals a strategic relationship.
The third quarter (click here) began with the signing of a historic friendship treaty between Russia and China that was inspired, at least partiall y, because of their difficult relations with Washington in the post-Cold War years. But, the quarter’s end, however, both Moscow and Beijing found their foreign policy priorities significantly altered by the tragic terrorist attacks on the United States on Sept. 11. Russia and China are now faced with the possibility of a strategic plunge by the world’s sole superpower into their highly volatile and sensitive “backyard.” Indeed, the Sino- Russian friendship treaty and the Shanghai Cooperative Organization (SCO) – the two pillars of Moscow and Beijing’s regional foreign and security policies – are subject to severe test by a fat changing security environment at both the global and regional levels....
I think it is fairly obvious the USA's relationship with China does not stand alone. China will never sign onto TPP. It is one with Russia in a strategic posture to balance the impact of The West.
That is simply a fact. The geo-political relationship between two of the permanent members of the UN Security Council is a fact of life. I think China proved to be a formidable ally in the rest currency adjustment that caused Wall Street spasms for a few days.
Got that? China or Russia are not readily at the mercy of The West. Consider that reality law.
June 4, 2014
By Michael Pizzi
...“There is no reason (click here) why you have to settle trade you do with Japan in dollars,” another Russian head of a large European Bank told the Financial Times. “There is nothing wrong with Russia trying to reduce its dependency on the dollar; actually, it is an entirely reasonable thing to do.”...
