China-Russia Trade Boom : A Warning For The West?


A diplomatic scene between China and Russia where two leaders, one Russian and the other Chinese, congratulate each other while shaking hands in a luxurious official office.

Global economic relations are evolving under the influence of geopolitical tensions and the strategic repositioning of major powers. In this context, China and Russia are strengthening their trade partnership, which is set to reach a historical record of 240 billion euros in 2024. This growth illustrates a strategic rapprochement bolstered by Western sanctions against Moscow and Beijing’s desire to expand its influence. More than just an economic alliance, this cooperation sends a clear signal to the United States and the European Union, which aim to limit their dominance on the global stage. Thus, the surge in trade flows, increased use of the yuan in transactions, and the restructuring of international financial circuits now raise the question of the long-term consequences of this Sino-Russian agreement.

L’article China-Russia Trade Boom : A Warning For The West? est apparu en premier sur Cointribune.



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