China’s policy of openness and Russia’s East course are closely interconnected, with both countries having a lot in common and enjoying a historic opportunity for the further development of their bilateral relations, the China Times wrote.
Russian-Chinese relations underwent the most rapid development among three groups of partners (China-Russia, China-South Korea, Japan-India). The expansion of the cooperation between both countries was accelerated by the Ukrainian crisis and Western sanctions and is gradually becoming a threat to US domination, the newspaper wrote.
Speaking to China National Radio on Sunday, Renmin University Professor Jin Canrong explained Russia and China’s common positions regarding the Second World War, noting that the Chinese leadership’s participation in May’s victory celebrations in Moscow signifies the high level of Russian-Chinese relations.
Russia and China expanded their ties in the political, military, energy, investment, humanitarian and technical fields. At the moment, the trade volume between the two countries amounts to $ 100 billion and is expected to double in the next five years.
In May, leaders of 26 countries, including China, India, Vietnam, North Korea and Mongolia will attend the Victory Day parade in Moscow. Additionally, Russia’s decision to join the Asian Infrastructure Investment Bank may reinforce the idea that Russian President Vladimir Putin is planning to strengthen cooperation with these very states.
Russia and China have already reached a consensus regarding the supply of Russian Su-35 fighters. The leaders of both countries are expected to declare their plans to hold joint naval exercises in the Black Sea during the next negotiations.
According to the newspaper, this means that Moscow and Beijing are taking a strategic position to confront the US in a “new era of the cold war.”