The joint statement issued after the meeting of Chinese President Xi Jinping and Russian President Vladimir Putin confirms that the two powers have entered a new era in their history.
The statement "Deepening Comprehensive Partnership and Strategic Cooperation" between Russia and China makes clear that their relationship is not a military and political alliance similar to those formed during the Cold War, but rather a relationship based on mutual cooperation to safeguard each other's strategic interests, the report said.
Russian military expert and editor-in-chief of the magazine "National Defense", Igor Korotchenko, was quoted as saying that cooperation between Russia and China has not reached the level of a military alliance, pointing out that the situation could change in the foreseeable future.
Korotchenko added that the United States is a common enemy of China and Russia, and therefore they coordinate their efforts to confront it and the new global threats in a very changing world, but at the same time Beijing and Moscow have their own interests, which conflict on a number of points, so there can be no talk of a military-political alliance at the moment.
Economy too
"We need not only joint exercises, but bilateral measures to contain U.S. expansion and closer coordination at the strategic level," Korotchenko said.
The report talked about the economic aspects of cooperation between the two countries, the issue of transition to trade settlements in Chinese yuan, and controlling mechanisms for encouraging and mutual protection of capital investments and investments.
Sergey Storchak, a former Russian deputy finance minister, revealed that investment protection is regulated by a bilateral agreement between the Ministry of Economic Development and the Ministry of Commerce of China.
In the event of a threat of loss of an asset, each department intervenes and helps repel the attack that occurs by legal means. In addition, it provides administrative and political support to the investor whose interests are at stake.
Storchak added that the Chinese avoid making long-term investments in Russia due to the risks of inflation and ruble exchange rate turbulence, therefore, when talking about protection it is first necessary to provide protection against inflation.
With regard to trade in yuan, Storchak reveals that the Chinese currency has become a reserve for Russia and that there is no obstacle to paying in yuan not only with China but also with other partners who do not mind this, especially in light of the possibility of any economic entity in Russia buying the yuan and paying for imports with it.
headache
Without being labeled an enemy, Russia and China singled out the United States for several observations in the joint statement, and both sides expressed grave concern about bio-military activities carried out outside the United States, which threaten the security of other countries and entire regions.
Moscow and Beijing called on Washington to clarify this and withdraw nuclear weapons from the territories of other countries, expressing serious concern about the risks to strategic stability in the Asia-Pacific region.
Vladimir Vasiliev, a senior fellow at the Institute of American and Canadian Studies of the Russian Academy of Sciences, said the alignment of Russia and China's positions on many issues would worry the United States and represent a headache for it.
Vasiliev added that the United States may not be able to withstand Russia and China at the same time, although Washington has until recently ruled out the possibility of a strategic alliance between Moscow and Beijing, pinning hopes on the emergence of many contradictions between the two countries.