Friday, January 30, 2015

How Chinese Money Is Backing Russia's Conflict Against The West

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.


bn said...

The world has pushed these two countries together .... and they are going to be consequences from this development.

LOL Do you really believe that? Russia is at equal odds with North Korea competing to the most repulsive and sick country in the last 100years. Not a single good exemple come from Russia, its a sick country every since Staline to this new nazi called Putin.

Russia is so strong that is economy is in full collapse...if you are getting paid in roubles to write week after week the kremlin propaganda towards the conflict in Ukraine, you are fucked up.

James said...

The love is strong.

Jay Farquharson said...

Miguel didn't take my suggestion that he take up a different hobby,

Oh well.

War News Updates Editor said...

I like what my 88 year old mom who has seen it all has to say about people like Miguel. Her favorite quote is .... "Why are you so angry?" :)

Rhaegar said...

Lol ;) A very good quote