Don't believe the hype. China and Russia are light years away from creating an anti-Western alliance
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Xi and Putin at the Kremlin. Xi is visiting Russia this week and is expected to attend the St. Petersburg International Economic Forum, considered the Russian Davos.They have two things in common: anger over their treatment by Washington and to some extent Brussels, and the energy industry. That’s pretty much it. North Korea is not a problem China and Russia have ever solved or have much of a real interest in solving.
Lastly, they have Venezuela in common. They are the largest emerging markets investing in and providing lip service to maintaining the hapless Nicolas Maduro in power there. Both countries have lost tons of money lending to Maduro. So that is another thing they have in common. Russian oil and gas companies faced sanctions back then, but the pipeline already existed on paper before that.
Secretary of State Mike Pompeo at the Ministerial Meeting of the Arctic Council in Finland on May 7, 2019. Russia and the U.S. will probably be Arctic rivals. China can fill a void, financially.“Despite headlines, Russia’s much trumpeted pivot towards Asia is so far not taking place,” says Agathe Demarais, global forecasting director at The Economist Intelligence Unit.
So when the headlines make it look like these two nations are forming some sort of anti-American alliance, consider it media drama and nothing more.
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