The meeting of Russian President Vladimir Putin and his Chinese counterpart Xi Jinping in Moscow is due to usher in dramatic geopolitical changes, shifting the focus from unilateral hegemony to a more cooperative, equal and democratic world order.
The Putin-Xi summit would be most likely recorded in history as one of the most important, most great, and most gargantuan geopolitical, geo-economic, strategic-military events in the 21st century.
Chinese President Xi Jinping paid a three-day visit to Moscow at the invitation of his Russian counterpart, Vladimir Putin, on March 20-22. Earlier, Chairman Xi was unanimously reelected for a third term on March 10, 2023.
Observers have drawn attention to the fact that Russia became the first foreign state visited by Xi after his reelection.
Dr. Kiyul Chung, editor-in-chief at 4th Media and a visiting professor at Tsinghua University, outlined three major takeaways of the meeting.
First, the two leaders made it clear that the arrival of the multi-polar world is now irreversible.
Second, they kicked off the process of a tectonic shift from the Western-led colonial, dictatorial, and imperial uni-polar world order to a multi-polar world based on mutual respect, peaceful coexistence, and co-prosperity.
Third, the leaders voiced growing concerns with bellicose actions by the USA and its NATO allies, encompassing military biological activities.
But also the US build-up of potential in precise non-nuclear weapons for conducting a disarming strike and aspiration to deploy ground-based missiles of various types in both Europe and the Asia-Pacific.
And finally the US military buildup in the Asia Pacific within the framework of the AUKUS pact which includes the reinforcement of the Australian military with nuclear attack submarines.
On Wednesday, Chinese media highlighted that the Xi-Putin meeting has sent an important signal to promote peace talks over Ukraine.
It pointed out that Moscow reaffirmed its commitment to the resumption of peace talks as soon as possible and welcomed China’s willingness to play a positive role for the political and diplomatic settlement of the Ukraine crisis.
In February, Beijing released a 12-point proposal that called for the resumption of peace talks between Kiev and Moscow; keeping nuclear power plants safe and reducing strategic risks; stopping unilateral sanctions and abandoning the Cold War mentality; and promoting post-conflict reconstruction in Ukraine.
The Biden administration immediately subjected Beijing to criticism and claimed that the peace proposal was nothing short of a distraction from the alleged imminent threat of China supplying lethal weapons to Russia, an assumption shredded by both Moscow and Beijing.
Meanwhile, in March, the People’s Republic of China brokered a historic reconciliation between Iran and Saudi Arabia. The two rivals signed an agreement to restore full diplomatic relations, elevating China’s status as an influential mediator.
At the same time, it is clear that China is serious about becoming a major diplomatic player [after the Iran-Saudi deal], according to Jonathan Sullivan, professor of political science and director of China Programs at the University of Nottingham’s Asia Research Institute in the British emirates.
China’s peace efforts come in accordance with the country’s new Global Security Initiative. It appears that the West has been caught off guard by the geopolitical changes propelled by Moscow and Beijing
The document, which was published last month, lays out practical measures to address current security challenges. Beijing’s Global Security Initiative emphasizes.
The Cold War mentality, unilateralism, bloc confrontation and hegemonism contradict the spirit of the UN Charter and must be resisted and rejected.
The decision by the Russian and Chinese leadership to further facilitate trade in national currency will in the long-run challenge to the dollar.
However, that the greenback is still deeply entrenched in the global financial system: hence the phrase, when America sneezes, the world catches a cold.
However, given that Russia has been decoupled from the Western-led financial system since the beginning of the special military operation in Ukraine, Moscow’s financial institutions have become to some extent immune from the banking crisis, engulfing the USA and Europe.
Putin and Xi also agreed on the pre-2030 development plan with priorities in China-Russia economic cooperation in trade, investment, finance, hi-tech, manufacturing and agriculture.
Even though the Biden administration slapped tough sanctions on Beijing and Moscow’s hi-tech sector, seeking to sever them from semiconductor, super-computing and AI technologies, the Chinese and Russians are likely to make progress in this field nonetheless.
Obviously the West would be very frightened of that because of the power of AI and IT.
There’s so much involved in this type of technology in how we live our lives. And AI is also going to have a dramatic impact. So what I’m saying is that the West is going to have major worries about China and Russia becoming AI superpowers.
It’s going to be hard for the world to accept that, but obviously, there are advantages for China and Russia to move forward.
Pauken expressed confidence that Russo-Sino cooperation will result in the development of joint high-tech clusters, as well as innovation in the science and high-tech field.
In that sense, by doing that, they’re going to be able to have more success in regards to counteracting a lot of the sanctions that are ongoing right now or that will come about in the near future.
Sputnik / ABC Flash Point News 2023.