Growing ties between Russia and China are leading to the creation of a multipolar world to the dismay of the United States, an analyst tells Press TV in an interview.
“I think what we’re seeing is a multipolar world developing very, very rapidly with the US in a much weaker position than it used to be,” David Lindorff told Press TV.
He added that China-Japan island dispute and the crisis in Ukraine are pushing China and Russia closer together.
“What we’re seeing is the US effort to isolate Russia; and the US fairly strong position supporting Japan in its dispute with China and also the Philippines and their dispute with China have effectively driven those two countries – China and Russia – into each other’s arms,” said Lindorff.
Russia has signed a major deal with China for the export of natural gas to the world’s second largest economy.
The deal enables the two countries to bypass the US dollar and pay each other in domestic currencies. This is expected to undercut the domination of the greenback as the international reserve currency.
Analysts also say the deal can give financial and diplomatic boost to Russia which is currently engaged in a standoff with the West over the Ukraine crisis.
The US and the EU accuse Russia of destabilizing Ukraine and have slapped a number of sanctions against Russian and pro-Russia figures.
Russia, however, rejects the accusation, saying the pro-Russia protests in Ukraine began spontaneously against the new government in Kiev.