“The bottom line (speeches. -

RT

) was that US dominance in world politics is on the wane, and no country can isolate Russia,” he wrote.

According to the author of the material, the West has indeed lost its former political and economic significance for the rest of the world.

Wang said the next couple of decades will see wealth moving from both sides of the Atlantic to the Far East, where thousands of asset managers and trust companies are being set up.

“Western sanctions will not kill Russia, but will create a new Russia that abandons illusions about the West and gradually penetrates deeper and deeper into the East,” he concluded.

Earlier, Vladimir Putin noted that the trade turnover between Russia and China could soon reach $200 billion, and the strategic partnership between the two countries is developing very successfully.

In particular, Russia and China, during the Vostok-2022 strategic command and staff exercises, worked out joint actions of warships, including the defeat of land, aircraft carrier and ship strike groups of a mock enemy.