Trend 1: Russia and China are becoming very strong allies
Both Russia and China have been growing fast in the last decade, at least economically. Combining the forces of both countries is really a global economic powerhouse, with several unique strengths, in particular in natural resources, energy, aerospace and defense. The world simply cannot ignore this, and the US cannot simply eliminate this duo by tactics and diplomacy.
As several sources have reported lately, one of which being RT, Russia and China have been growing economically closer towards each other.
Russia’s trade turnover with China is $88.8 billion per year and it is expected to be boosted to $100 billion by 2015. China promised to invest about $20 billion into domestic projects in Russia, mainly focusing on infrastructure. In turn Moscow decided to renew sales of Sukhoi Su-35 fighter jets. In the next 25 years Russia will export more than 700 million tons of oil to China as part of the $270 billion deal between Rosneft, Russia’s state-owned oil company, and China’s National Petroleum Company. Russia’s top natural gas producer Gazprom plans to start supplying China with 38 billion cubic meters of gas per year by 2018, which is around a quarter of Russia’s exports to Europe. Also Moscow and Beijing are thinking of abandoning the dollar as the payment currency in regional deals.