China overtaking US – NATO member’s PM

The balance is shifting and Washington must accept that its hegemony is about to end, Viktor Orban has said The world is facing the biggest power shift in decades, with the US poised to lose its leading position to China, Hungarian Prime Minister Viktor Orban said on Saturday.

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Ivan Zuenko: Why do China’s elites pay so much attention to the collapse of the USSR and the Soviet Communist Party?

Today, Beijing is a superpower, but it only has to look over its northern border for a cautionary tale The events of the late 1980s and early 1990s had a major impact not only on the development of Russia and China, but also on the dialogue between the two countries. Moscow and Beijing abandoned decades…

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Can yuan replace dollar in global trade?

Russia is not the only major economy to use the Chinese currency for trade settlements as more and more nations seek alternatives to the greenback When Russia’s foreign exchange reserves were frozen and the country was cut off from the SWIFT messaging system in light of the Ukraine conflict, Moscow turned to other settlement options,…

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