Glenn’s Substack • 559 implied HN points • 30 Aug 24
- Russia has shifted its focus from the West to the East, forming a closer relationship with China after feeling isolated by the West. This change is part of a broader strategy to create a new economic landscape in Eurasia.
- China is rising as a major global player and has shown it can challenge US economic leadership. It has invested heavily in infrastructure and is leading efforts for a new financial architecture.
- The partnership between Russia and China is more than just a temporary alliance against the US. Both countries recognize they can benefit from working together to shape a new international economic system that includes other nations.