For Russia and China, multipolarity is (usurping) the Benjamin family

APRIL 19, 2023

Beijing and Moscow have been very lively recently. Over the past few weeks, Putin and Xi have welcomed not only each other, but also representatives of France, Brazil and more than 40 African countries. They also chaired talks between Saudi Arabia and Iran, and between Saudi Arabia and Syria.

This unusual pace of diplomatic activity, CNN mentions China’s timeline, implying a new multipolar world that wants to replace the US-led unipolar order. Russian and Chinese officials, including leaders Vladimir Putin and Xi Jinping, reiterated at every opportunity that their strategic partnership and vision would not bow to blocs or align with third countries. Instead, they call for “multipolarity,” in which many large and small poles have proxies, starting with the overthrow of the dollar’s hegemony.

This is a recent topic Meeting In Moscow called Russia-Africa in a multipolar world. Some 40 African countries, including Congo, Benin, Burkina Faso, Guinea, Guinea-Bissau, Zimbabwe, Mali and South Africa (along with China and Russia, BRICS countries member) joins Putin in calling for multipolarity.

On the same day Russia hosted African representatives, Putin was meeting Chinese President Xi Jinping in Moscow. Their discussions will set the pattern for a series of diplomatic conferences to follow.

in his Greetings On March 20, Putin pointed out to Xi Jinping that Sino-Russian trade has grown to $185 billion a year.in his article Speaking to the People’s Daily, Putin said the share of all trade settled in national currencies is growing. In that article, the Russian president, who faced global economic sanctions for his invasion of Ukraine last year, reiterated that Russia and China advocate a more just multipolar world through multilateral structures that promote democracy.as SCO (Shanghai Cooperation Organization) and the BRICS countries.

exist Xis accompaniment In Russian media, he also promotes the idea of ​​a multipolar world, where no country is superior to the others. . . No single country should dictate the international order.

in their Joint Statement After the talks, Putin again pointed to the avoidance of the dollar as a step towards these goals: the share of the ruble and the yuan in mutual commercial transactions has reached 65% and continues to grow, which allows us to protect mutual trade from the influence of third countries.

Three weeks later, French President Emmanuel Macron traveled to Beijing for talks with Xi. Their conversations exhibited the same thematic patterns.

After the meeting, Xi explain Europe is an independent pole in a multipolar world. It is not surprising that Chinese leaders make such statements. A major US European and NATO ally should sign it is.this Joint Statement Xi and Macron issued a statement after their talks in which they sought to strengthen the multilateral international system under the auspices of the United Nations in a multipolar world.

Macron reiterated this in an interview on the plane returning from China.Macron explain Europe must achieve strategic autonomy and become the third superpower.he promote For a Europe that is not a junior partner in a US-led unipolar world, but for a Europe that can become a third pole.

Macron arrives in Beijing with entourage Around 50 French business executives, including the CEO of Airbus ( 160 aircraft sold a Chinese company) and the French electricity company EDF. But perhaps more importantly, Macron echoed Xi Jinping and Putin, call Demand that Europe reduce its reliance on “dollar extraterritoriality”.

A week after Macron flew out of Beijing, Brazilian President Luiz Inacio Lula da Silva flew in. Like Macron, he arrived with a large entourage of business executives. accompany Led by 240 business representatives, Lula and Xi signed a number of trade and investment agreements.

The multipolar world once again featured prominently in Xi Jinping’s statement, explain China and Brazil are determined. . . to practice true multilateralism [and to] Make the international governance system more just and reasonable.

Lula emphasized, [t]Both sides adhere to multilateralism”, promising that Pakistan is willing to strengthen strategic coordination with China in Central Asia. . . BRICS and other multilateral institutions.

Lula then joined China, Russia and France in linking trade to multipolarity, calling for liberation from the dollar’s monopoly. Why does every country have to peg to the dollar to trade?he ask. who decides the dollar will be [worlds] currency? In March, Brazil and China each designated a bank to conduct bilateral trade between the Brazilian real and the Chinese yuan.

Lula criticized the IMF for suffocating economies, as the IMF is doing to Argentina now, or what they have been doing to Brazil and every third world country for a long time. He proposes an alternative to multipolar organizations such as the BRICS. “Why can’t a bank like the BRICS have a currency to finance trade between . . . the BRICS?”

A flurry of recent diplomatic activity in Beijing and Moscow suggests that China and Russia are encouraging the strengthening of many poles in Asia, Eurasia, Europe, Latin America and Africa. A pattern has emerged in those sometimes surprising conversations in favor of multipolarization and circumvention of the dollar monopoly in favor of that goal.

Sources1/ https://Google.com/2/ https://responsiblestatecraft.org/2023/04/19/for-russia-china-multipolarity-is-all-about-usurping-the-benjamins/

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