On 23/5/2008, President Dmitri A. Medvedev of Russia and President Hu Jintao of China condemned American proposals for a missile shield in Europe. Both countries called the plan a setback to international trust that was likely to upset the balance of power. During the visit Medvedev following Putin’s footsteps said, ”I will say frankly that not everyone likes the strategic cooperation between our two nations but we understand that it's in the interests of our people and we'll strengthen it whether others like it or not...”' As a signal of the warming ties between China and Russia, the two countries signed a $1 billion agreement for Russia to build a nuclear fuel enrichment plant in China and supply uranium. Furthermore trade between the countries rose to $48.17 billion last year from $10.67 billion in 2000. These developments clearly indicate that the world is truly becoming a multi-polar, where different power centres such as Russia and China feel confident enough to openly challenge America’s global hegemony.
28-May-2008
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