James Wilson journalist EU Reporter decided to share your impressions of SPIEF in his article. In it he paid special attention to the strengthening of the Alliance between Russia and China, as well as ambitions of the Russian President at creating alternative principles of globalization.
The journalist noticed growing interest of the international community to this event. Due to the number of participants, he immediately dispelled the myth of Russia’s isolation to the rest of the world. But also noted that Russia has become more attractive since the St. Petersburg summit “Big eight” in 2006.
Economic Union of Russia and China has become one of the key moments in the work of James. In his opinion, such a dynamic convergence of two powers increasingly casts doubt on the claims of skeptics. On the contrary, now more and more world leaders positively assess the prospects of the Eurasian continent.
Another sign of this was the discussion of creating alternative principles of globalization, since the current model of global economic relations, in which the main role is trying to take the United States, has lost its relevance. This confirms the recent news about the pressure on the Chinese company Huawei, which were able to overtake Apple in the market.
Everything else Russia has offered to seriously reconsider the role of the dollar as the world reserve currency. Already, the leaders of Russia and China signed an agreement that allows you to make calculations in rubles and yuan.
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