China and Russia: The most interesting friendship in the world
Share link:In this post: China and Russia have become close allies, building strong economic, military, and political ties despite their history as rivals. The two nations share a mutual distrust of US influence, leading to increased cooperation that worries some countries. Personal connections between Xi and Putin helped strengthen the partnership.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on t
China and Russia have a fascinating relationship, don’t they? They used to be fierce enemies but are now best friends. Xi Jinping and Vladimir Putin declared a “no limits” partnership just before Russia invaded Ukraine in February 2022.
It’s the kind of friendship that would make even the most cynical of us go, “Aww, how sweet.” While it hasn’t hit that mark yet, the countries’ economic, military, and political ties have grown stronger over the past decade.
This friendship wants to destroy the US-dominated global order.
Xi and Putin: Best friends forever?
Fun fact, the friendship actually started to strengthen after the 2003 US-led invasion of Iraq. The 2008 financial crisis further convinced both nations that the world’s trust in the global economic model was shaky.
Credits: ReutersIn 2014, Russia’s annexation of Crimea led to Western sanctions, pushing Moscow to look for new allies, especially for its energy exports. China, with its booming economy, was a perfect fit. It became a massive buyer of Russian commodities and weapons, solidifying their bond.
Both Xi and Putin have a deep dislike for US alliances in what they consider their rightful places. For Russia, it’s NATO. For China, it’s the US’s network of defense treaties in the Indo-Pacific.
There is a very strong personal bond between the boys. Both leaders, products of tough childhoods, are determined to crush dissent and restore their nations to greatness, ending what they see as humiliation by the US and Europe.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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