Chinese President Xi Jinping and Russian President Vladimir Putin. © RIA Novosti. Sergei Guneev
Gordon G. Chang, Daily Beast: Chinese Money Is Backing Putin’s War
The growing Chinese-Russian alliance is one of the most important geopolitical developments of the century.
WNU Editor: This is not a case of China helping Russia .... this is a case where both countries have mutual interests and one in which both parties have made the decision to support each other economically and politically. Russia has a new market for its resources in China .... China has a new and stable source for its energy needs and resources .... this is a win-win for both countries. The political consequences of this arrangement are also significant .... China does not have many friends in Asia .... in fact, it has border disputes with everyone .... everyone but Russia. Russia has also been politically isolated .... but not with China. The world has pushed these two countries together .... and they are going to be consequences from this development.
In regards to Ukraine .... to put everything in context .... the EU and the U.S. have promised a few billion dollars to aid the Kiev government .... money with strings attached and only doled out over a period of time. Russia and China have recently signed energy agreements that total in the hundreds of billions of dollars (with hundreds of billions more pending) .... and it is being dispersed right now to set up the necessary infrastructure to make it happen. With such dynamics at play ... it is easy to predict who will be the victor when this is all finished.
Two years ago I said in this blog that this is the new world order .... well .... that day has arrived.
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