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Russia-China Trade Grows Despite Global Challenges, Putin Highlights

Russia-China Trade Grows Despite Global Challenges, Putin HighlightsRussian President Vladimir Putin marked the 75th anniversary of the People’s Republic of China by praising the solid partnership between Russia and China. He emphasized the resilience of their economic relationship and increasing trade despite international challenges. Putin also highlighted the significance of their cooperation in multilateral organizations, showing the strategic alignment between the two […]

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World’s Largest Regional Organization to Switch to Settlements in National Currencies

World’s Largest Regional Organization to Switch to Settlements in National CurrenciesA China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a common currency. Shanghai Cooperation Organization to Abandon Dollar in Favor of National Currencies The […]

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Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue PartnerChina’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September, and at the end of March, Saudi Arabia’s Cabinet approved the decision to become a dialogue partner. The Cabinet’s decision […]

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