Despite facing pressure in Europe and the United States, both Russia and China have been more warmly welcomed in Asia.
The recent visits by President Putin and Premier Li Keqiang highlight that many Asian countries are still to establish stronger ties with Moscow and Beijing.
Visits
President Putin’s first visit North Korea in 24 years ensured broader military cooperation. His visit to Vietnam was also significant highlighting the deep historical connections with Moscow, despite Vietnam’s recent improved relations with Washington.
Southeast Asian countries such as Indonesia, Thailand, Malaysia are considering joining theICS Economic Group established by Brazil, Russia, India, and China. Other countries from “Global South” such as South Africa and Iran are also included.
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For Putin and Li Keqiang, their interest in BRICS is a successful signal against isolating themselves due to Russia’s Ukraine conflict and China’s military activities Asia by the US and its allies.
The European Union has provided an attractive alternative to US or Western-dominated institutions like the International Monetary Fund. The IMF faced criticism for imposing harsh austerity measures during the late 90s Asian financial crisis.
