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China & Russia’s ECONOMIC STRATEGY Is CRUSHING The US Economy? | No Petrodollar OPEC-BRICS
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China & Russia’s ECONOMIC STRATEGY Is CRUSHING The US Economy? | No Petrodollar OPEC-BRICS
Welcome to Geopolitics Universe. In today's video I will be discussing and explaining the new partnership between Russia and China and the way they plan to collapse the US economy through working together. But first, I would just like to welcome you to Geopolitics Universe, this is a channel where we share the latest news, rumours,and insights into all things on Geopolitics. You'll be able to find news surrounding all things to do with Geopolitics. I would really appreciate it if you could please like and subscribe, also I just wanted to announce as we are a new channel which is growing by the day, we will be launching a giveaway for a $50 Amazon gift card. All you have to do to enter is like and subscribe. The giveaway winner will be announced in due course. Now let's carry on with the video. U.S. officials and their counterparts in allied and partner countries increasingly view China’s position on the Russian war in Ukraine as a sign that Beijing has taken “Moscow’s side” and as evidence of a strong strategic partnership. However, events leading up to, and during, the recent Shanghai Cooperation Organization (SCO) meeting support arguments that the Sino-Russian relationship is limited in scope. Specifically, it is a relationship that is narrowly defined by a mutual interest in accelerating the emergence of a multipolar order that places limits on U.S. hegemony. Despite this convergence of interests, the two parties diverge on key aspects of this order. Furthermore, it is evident that Beijing and Moscow have sought to avoid making commitments to each other, which limits their capacity for cooperation, much less coordination on mutual interests. As a result, their bilateral relationship is best understood as a limited strategic partnership. Russian President Vladimir Putin’s September 30 speech on the annexation of Donetsk, Luhansk, Zaporizhzhia, and Kherson referenced his aspirations for a multipolar order. This has not only been a core component of Russian foreign policy since the 1990s, but also the basis for Sino-Russian relations. This is evident from their “Joint Declaration on a Multipolar World and Establishing a New International Order” in 1997 as well as the founding charter of the SCO in 2002. Additionally, joint statements between the two countries have regularly referred to efforts to promote multipolarity over the past three decades. From their perspective, multipolarity produces a more democratic, equitable, and stable international order. Importantly, Beijing and Moscow view each other as key poles in the multipolar order they promote. Despite this convergence of interest, their vision for this order is not entirely cohesive given China’s desire for Europe to have a prominent place in this order, albeit as an independent actor from the United States. This exposes a disconnect in their vision, since Russian has reservations about the European political, economic, and security architecture. Furthermore, it is evident that although Chinese officials have sought to avoid condemning Russia for its aggression in Ukraine, the war has put Beijing in a difficult position given its professed support of sovereignty and territorial integrity. At the SCO meeting, Putin acknowledged Chinese concerns with Russia’s actions by stating, “We highly appreciate our Chinese friends’ balanced position in connection with the Ukraine crisis. We understand your questions and your concerns in this regard.” Given the signaling by Chinese leader Xi Jinping leading up to the meeting, it is clear that Beijing seeks to limit similar Russian activities in areas proximate to China. On his way to the SCO meeting, Xi visited Kazakhstan on his first international trip since the COVID-19 pandemic began.
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Saudi,Saudi king,Oil barrel,Oil prices,Oil economy,Oil mafia,Petrol prices,Crude oil,Uk economic crisis,US economy,Russia,Putin,Russian president,OPEC plus,OPEC,Crude oil production,think school,Russia-China,dollar reserve currency,Putin speech,us economy,china economy,Russia economy,peter schiff,peter zeihan,liz truss,investing future,investing news,us stock market,us economy collapse,crude oil,russia,ukraine,ukraine russia news,EU,brics
"Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favour of fair use."
#usa #dollar #russia #china #geopolitics #saudiarabia
Welcome to Geopolitics Universe. In today's video I will be discussing and explaining the new partnership between Russia and China and the way they plan to collapse the US economy through working together. But first, I would just like to welcome you to Geopolitics Universe, this is a channel where we share the latest news, rumours,and insights into all things on Geopolitics. You'll be able to find news surrounding all things to do with Geopolitics. I would really appreciate it if you could please like and subscribe, also I just wanted to announce as we are a new channel which is growing by the day, we will be launching a giveaway for a $50 Amazon gift card. All you have to do to enter is like and subscribe. The giveaway winner will be announced in due course. Now let's carry on with the video. U.S. officials and their counterparts in allied and partner countries increasingly view China’s position on the Russian war in Ukraine as a sign that Beijing has taken “Moscow’s side” and as evidence of a strong strategic partnership. However, events leading up to, and during, the recent Shanghai Cooperation Organization (SCO) meeting support arguments that the Sino-Russian relationship is limited in scope. Specifically, it is a relationship that is narrowly defined by a mutual interest in accelerating the emergence of a multipolar order that places limits on U.S. hegemony. Despite this convergence of interests, the two parties diverge on key aspects of this order. Furthermore, it is evident that Beijing and Moscow have sought to avoid making commitments to each other, which limits their capacity for cooperation, much less coordination on mutual interests. As a result, their bilateral relationship is best understood as a limited strategic partnership. Russian President Vladimir Putin’s September 30 speech on the annexation of Donetsk, Luhansk, Zaporizhzhia, and Kherson referenced his aspirations for a multipolar order. This has not only been a core component of Russian foreign policy since the 1990s, but also the basis for Sino-Russian relations. This is evident from their “Joint Declaration on a Multipolar World and Establishing a New International Order” in 1997 as well as the founding charter of the SCO in 2002. Additionally, joint statements between the two countries have regularly referred to efforts to promote multipolarity over the past three decades. From their perspective, multipolarity produces a more democratic, equitable, and stable international order. Importantly, Beijing and Moscow view each other as key poles in the multipolar order they promote. Despite this convergence of interest, their vision for this order is not entirely cohesive given China’s desire for Europe to have a prominent place in this order, albeit as an independent actor from the United States. This exposes a disconnect in their vision, since Russian has reservations about the European political, economic, and security architecture. Furthermore, it is evident that although Chinese officials have sought to avoid condemning Russia for its aggression in Ukraine, the war has put Beijing in a difficult position given its professed support of sovereignty and territorial integrity. At the SCO meeting, Putin acknowledged Chinese concerns with Russia’s actions by stating, “We highly appreciate our Chinese friends’ balanced position in connection with the Ukraine crisis. We understand your questions and your concerns in this regard.” Given the signaling by Chinese leader Xi Jinping leading up to the meeting, it is clear that Beijing seeks to limit similar Russian activities in areas proximate to China. On his way to the SCO meeting, Xi visited Kazakhstan on his first international trip since the COVID-19 pandemic began.
Please leave a like, comment, subscribe, turn the notification bell on and share!
Subscribe to our channel to enter our giveaway🎁:
Tags:
Saudi,Saudi king,Oil barrel,Oil prices,Oil economy,Oil mafia,Petrol prices,Crude oil,Uk economic crisis,US economy,Russia,Putin,Russian president,OPEC plus,OPEC,Crude oil production,think school,Russia-China,dollar reserve currency,Putin speech,us economy,china economy,Russia economy,peter schiff,peter zeihan,liz truss,investing future,investing news,us stock market,us economy collapse,crude oil,russia,ukraine,ukraine russia news,EU,brics
"Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favour of fair use."
#usa #dollar #russia #china #geopolitics #saudiarabia
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