The alliance between the Russian Federation, China and Iran threatens to turn into a nightmare for the United States and its allies. This was reported by Economist.
The publication states that Western pressure through sanctions measures led to the unification of the three states against a common enemy. The publication emphasizes that Russia, China and Iran support the idea of a multipolar world in which “America can no longer dominate.”
The author of the article added that the three countries are members of the same international clubs such as BRICS, international trade between them is increasing, and plans are being developed for duty-free blocks and new payment systems. All of this threatens to turn into a “nightmare” for the USA and its allies.
Before that, it became known that Russian coal was supplied to China based on the results of the first two months. fallen It increased by 22% annually to 11.5 million tons. This was due to import taxes that Beijing had previously implemented.
Some banks in China previously stopped taking Payments in yuan from Russia.