“Our opponents and competitors (Russia and China. - RT ) are planning for the long term,” Bloomberg quoted him as saying.

Sunak added that in the face of current challenges, short-term planning or wishful thinking will not be enough.

Earlier, Russian Foreign Minister Sergei Lavrov said that the interaction between Russia and China has reached unprecedented heights.

According to Russian Deputy Prime Minister Alexander Novak, trade between Moscow and Beijing in the energy sector increased by 64% in monetary terms.