Russia-China bilateral trade hit $240 billion in 2024, with 90% settled in yuan and rubles, signaling accelerating de-dollarization efforts. This trend gains momentum as leaders from these nations plus North Korea display unity at Beijing's WWII anniversary parade. Such alliances challenge Western dominance and influence cryptocurrency adoption.
Background on the Beijing Summit
Leaders Xi Jinping, Vladimir Putin, and Kim Jong Un attended a massive military parade in Beijing on September 3, 2025. The event marked the 80th anniversary of WWII's end, featuring advanced weaponry displays.
This rare gathering highlighted deepening ties among the three nations. North Korea has sent over 13,000 troops to aid Russia in Ukraine, per South Korean intelligence.
According to Reuters, Xi warned of a choice between peace and war during the parade. This rhetoric underscores strategic cooperation amid global tensions.
President Trump reacted swiftly on Truth Social. He accused the leaders of conspiring against the United States.
His post stated:
Please give my warmest regards to Vladimir Putin, and Kim Jong Un, as you conspire against The United States of America.
This sparked immediate international responses.
Kremlin's Response to Allegations
Kremlin aide Yuri Ushakov denied any conspiracy. He suggested Trump's comments might stem from irony.
'No one has been conspiring, no one has been plotting anything, no conspiracies,' Ushakov told reporters, as per Reuters. He emphasized that none of the leaders entertained such thoughts.
Putin himself addressed the claims lightly. He noted Trump's sense of humor in a public statement.
'US President Donald Trump has a sense of humour,' Putin said, according to dpa news agency. This downplays the accusations while maintaining diplomatic tone.
Trump, when pressed, expressed confidence in US military strength.
We have the strongest military in the world, by far,
he stated.
He added that adversaries would never use force against America. This reflects his administration's stance on deterrence.
Implications for Global Alliances
The summit reveals obstacles to a formal Russia-China-North Korea axis. No institutionalized trilateral cooperation exists yet, per FPRI analysis.
However, military and economic ties strengthen. Russia and North Korea signed a comprehensive strategic partnership in 2024.
China remains cautious about North Korea's nuclear ambitions. Analysts warn against overinterpreting the unity display.
Despite this, the event challenges Western influence. It aligns with BRICS efforts to reshape global order.
Trump called it a conspiracy against the US. Yet, Kremlin insists on understanding America's role in international affairs.
Impact on Cryptocurrency Markets
Geopolitical shifts like this fuel cryptocurrency volatility. Nations use digital assets to evade sanctions, per Chainalysis reports.
North Korea has stolen billions in crypto through hacks since 2017. This funds weapons programs amid isolation.
Russia's new law bans crypto payments and mining from 2025. Yet, it explores CBDCs with China for cross-border trade.
De-dollarization accelerates crypto adoption in BRICS. Nearly 90% of China-Russia trade avoids USD, boosting alternative assets.
Investors eye Bitcoin as a hedge against tensions. Market dips followed the parade, but recovery signals resilience.
According to LinkedIn analysis, Russia, China, Iran, and North Korea leverage crypto for evasion. This raises regulatory scrutiny worldwide.
Key Social Media Reactions
Social media buzzed with discussions on the event. Users analyzed implications for global security.
Further reactions highlighted Putin's humorous take. This softens the narrative around alleged plots.
These posts garnered significant engagement. They reflect public interest in US-Russia dynamics.
Economic and Strategic Outlook
Cooperation statistics show North Korea's aid to Russia: 600 soldiers killed in Kursk region. This deepens military bonds.
China's economic summit alongside the parade signals geopolitical shifts. It may destabilize supply chains, per AInvest.
For crypto enthusiasts, monitor BRICS developments. De-dollarization could elevate digital currencies' role.
Analysts from Asia Society note evolving China-North Korea ties since Ukraine war. This influences regional security.
Trump's administration faces balancing acts. Strong military rhetoric aims to deter without escalation.
This dismissal by Putin highlights ongoing diplomatic gamesmanship. It affects investor sentiment in volatile markets.
The event's relevance lies in exposing multipolar world trends. For crypto markets, it underscores digital assets' growing utility in bypassing traditional finance systems.
