Russia and China must focus on stability, not opposing West

Russia, China sign deal to bypass US Dollar

In a symbolic blow to U.S. global financial hegemony, Russia and China took a small step toward undercutting the domination of the U.S. dollar as the international reserve currency on Tuesday when Russia’s second biggest financial institution, VTB, signed a deal with the Bank of China to pay each other in domestic currencies.  Aljazeera

Impact Analysis: 

Russia-China gas deal

Russia’s gas supply agreement with China represents a shift away from its traditional European markets, towards Asia. The deal also presents a blue print that India can follow to secure its own energy supplies. By drawing Russia into the LNG business, India can also help bring down natural gas prices.  Gateway House

Xi and Putin must focus on stability,

 not opposing West

China and Russia are moving closer. The co-operation and support vowed by presidents Xi Jinping and Vladimir Putin during talks in Shanghai this week, strengthened by a landmark US$400 billion natural gas deal, were as much agreements to work together as to put on a united front against perceived Western aggression. South China Morning Post

Poutine va discuter en Chine

 un «nouvel ordre mondial»

En plein bras de fer avec l'Occident, le président russe Vladimir Poutine entame le 20 mai deux jours de visite en Chine. Éclairage d'un universitaire chinois, spécialiste des relations sino-russes sur le rapprochement entre les deux pays. Le Figaro