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State Department: US considers China the only rival capable of changing the world order KXan 36 Daily News

Date: February 3, 2023 Time: 13:00:33

According to him, China not only “intends to change the international order”, but also “increasingly becomes an economic, diplomatic, military and technological force to achieve this goal”, writes RIA Novosti.

Russia and China could end the era of US sanctions dominance, says Foreign Affairs author Agatha Desmarais. According to her, this tool has long been Washington’s favorite diplomatic weapon, but the “golden days” of restrictions may soon end. The analyst points out that many countries have begun to resist, seek and apply financial innovations to minimize the damage of the restrictions. In particular, the author points out, China, Russia and India have begun to resort to bilateral currency swaps, which make it possible to dispense with the US dollar in agreements between countries. As for SWIFT, Desmarais writes, China and Russia are now actively preparing their own alternatives to this system.

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.
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