Russian President Vladimir Putin has declared that relations between Russia and China are in a permanent “spring time,” signaling what many see as a historic shift in global power dynamics. As U.S.–Iran tensions rise, Moscow and Beijing are openly showcasing their deep strategic coordination across trade, energy, security, and global diplomacy.
Bilateral trade between Russia and China has now exceeded $200 billion for the third consecutive year, with nearly 90% of transactions bypassing the U.S. dollar. While both nations deny forming a formal military alliance, leaders on both sides describe this partnership as the strongest phase in their shared history.
With BRICS expansion, dedollarization efforts, and Iran emerging as a critical link in this growing axis, pressure is mounting on U.S. sanctions, oil markets, and Western financial dominance. The message from Moscow and Beijing is clear: they are pushing for a multipolar world order — not a global takeover, but a fundamental rebalancing of power.
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