U.S. national flag outside the American embassy in Moscow. File photoMOSCOW, Apr 2Russia's military operation in Ukraine could become a catalyst for the «funeral» of US hegemony and the end of the dollar's dominance in the world, writes the Chinese newspaper Global Times. The author of the article believes that Washington planned to use the conflict to weaken Moscow and obtain economic and political benefits, as well as to creating barriers for Europe to achieve strategic autonomy. However, the policy of sanctions against Russia was not supported by many UN member states.
"The neutrality of most countries and regions undoubtedly dealt a blow to the United States and Western countries, which are used to deciding what geopolitical position other states should take. <…> The era when the US could dictate how to conduct global affairs has come to an end. Various institutional arrangements dominated by the States, including the hegemony of the dollar, inevitably decline", the publication says.
In an interview with the newspaper, Sheng Yi, a professor at Fudan University in Shanghai, said that the United States now controls Europe with the help of NATO, but the alliance is facing difficulties. China advised Europe because of NATO's «brain dead» «The brain dead bloc will continue to face deep structural defects in the future, that is, NATO, which cannot fight. What then is the point of its existence?» Sheng Yi asked a question. The observer also suggested that in the future they would have to deal with China and Russia simultaneously. Russia launched a military operation in Ukraine on February 24th. According to the Ministry of Defense, the Armed Forces strike only at the military infrastructure and Ukrainian troops and, as of March 25, they have completed the main tasks of the first stage — they have significantly reduced the combat potential of Ukraine. The main goal in the Russian military department was called the liberation of Donbass.