By Stephen Lendman
- China is an economic powerhouse. It’s the world’s second largest economy. It’s heading for number one status. Perhaps sooner than most expect. It’s growth way outdistances America. It’s multiples greater.
- Russia matches Washington’s military might. It does so in nuclear weapons strength. With sophisticated delivery systems. Able to strike global targets accurately. With hugely destructive force. Enough to decimate potential adversaries. Perhaps to discourage potential aggression. Russia is rich in what China needs most. Oil and gas mainly. Technological expertise. Industrial equipment. Sophisticated weapons. Each nation is significant separately. They’re able to challenge America responsibly.
- Together they’re a powerful combination. A force for world peace. For multi-polarity. For humanity. For weakening Washington’s imperium. Sino-Russian ties stress unity. They’re strategically important. They’re stronger than ever in modern times. They’re deepening. They expanding. Washington is increasingly concerned. It’s going all-out to subvert what weakens its strength. It’s waging political, economic and cyberwar. It’s fighting a losing battle. Sino/Russian unity is odds on to prevail. Especially with committed ties. With deepening ones. With stronger than ever ones. On Tuesday, Putin arrived in Shanghai. It’s China’s financial capital. He came to finalize a „Holy Grail“ trade deal. It’s enormously important. It bonds both countries more closely together. It does so politically economically, commercially and militarily. Both countries will trade increasingly in their own currencies. They’ll strengthen them. They’ll bypass dollar transactions. They’ll weaken it.
Russia will supply China with around 38 billion cubic million meters of natural gas annually. For the next 30 years. It may double in size ahead. Depending on China’s internal needs. Other increased trade was agreed on. In technological, industrial, and commercial sectors. In military hardware. Growing Sino-Russian trade lessens reliance on increasingly undependable Western sources. It gives them less access to their markets. Putin and Chinese President Xi Jinping reject irresponsible US-led Western bashing. They called sanctions political tools. They condemned „encouraging and financing“ Washington’s regime change agenda. The President of Russia’s web site headlined „Russian-Chinese talks.“ Both leaders met in Shanghai. They „signed a Joint Declaration of the Russian Federation and the People’s Republic of China on the new stage of comprehensive partnership and strategic cooperation between the two countries.“
The distinctive and strategic passages of the Joint Declaration of 25 points from leaders of Russia and China, signed during the meeting in Shanghai:
- They „witnessed the signing of a package of intergovernmental, interdepartmental and commercial documents on cooperation in the economy, trade, energy and the humanitarian areas.“ …
- „Relations between Russia and the People’s Republic of China are developing successfully and have reached a new level of comprehensive partnership and strategic cooperation… China is Russia’s leading foreign trade partner.“
- A Sino/Russian Investment Committee was established. Its mandate is expanding economic and financial ties. It’s „diversifying trade.“ It’s „reducing…dependence on global economic“ conditions. It’s promoting cooperation in „technology-intensive areas.“…
- They’re increasing bilateral ruble/renminbi trade. It bears repeating. Doing so bypasses dollar transactions. It weakens dollar strength.
Putin said „the historical memory of the great heroism of our peoples in World War II brings Russia and China even closer.“ Both leaders agreed to hold joint celebrations. They’ll commemorate „the 70th anniversary of Victory.“ … Sino/Russian unity, partnership and friendship were strengthened. It’s a „new stage“ in „strategic relations.“ Strong bilateral relations are a force to be reckoned with…
Stephen Lendman lives in Chicago. His new book as editor and contributor is titled „Flashpoint in Ukraine: US Drive for Hegemony Risks WW III.“He is a writer and broadcaster.
Shanghai Cooperation Organisation (SCO)
is a permanent intergovernmental international organisation creation of which was proclaimed on June 15, 2001 in Shanghai (China). The SCO’s member states are
- Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan…
- India, Iran, Mongolia, and Pakistan have SCO observer status.
The main goals of the SCO are strengthening mutual confidence and good neighbourly relations among the member countries; promoting effective cooperation in politics, trade, economy, science, technology, and culture; making joint efforts to maintain and ensure peace, security and stability in the region, moving towards the establishment of a new, democratic, just and rational political and economic international order. The Heads of State Council (HSC) is the highest decision-making body in the SCO, which meets once every year. The Heads of Government Council (HGC) also meets once every year. The Organisation has two permanent bodies – the Secretariat in Beijing and the Regional Counter-Terrorism Structure (RCTS) in Tashkent. SCO Secretary-General and RCTS Executive Committee Director are appointed by the HSC for a period of three years. The SCO’s official languages are Russian and Chinese. The SCO member states occupy a territory of 30.2 million square kilometres, which makes up three fifths of the Eurasian continent, and have a population of 1.5 billion, which makes up a quarter of the planet’s population.