‘New world order’ backfires on China and Russia amid economic disruption

Russia and China two flags together realations textile cloth fabric texture


Russia and China two flags together realations textile cloth fabric texture

Oleksii Liskonih

It was only a year ago that Beijing and Moscow touted a new world order, but things appear to be unraveling fast for their economies. Exports, manufacturing activity and property prices are sliding in China, which has decided to stop reportingworsening debt crisisdeflationary spiral

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