IBOV 171,347.61 ▼ 0.52% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL5.58▲ 1.33% USD/MXN18.63▲ 0.55% USD/CLP983.76▲ 1.71% USD/COP3,300▲ 5.77% USD/PEN3.41▲ 0.02% USD/ARS1,545▼ 0.03% USD/UYU40.43▲ 3.52% USD/PYG6,196▲ 1.99% USD/BOB11.68▲ 0.19% USD/DOP60.46▲ 2.41% USD/CRC445.62▲ 1.24% USD/GTQ7.64▲ 2.97% USD/HNL26.89▲ 3.05% USD/NIO36.62▲ 2.53% USD/VES897.02▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.36% USD/TTD6.72▲ 2.10% EUR/BRL6.23▲ 1.67% BRENT 91.72 ▼ 0.92% WTI 86.20 ▼ 0.75% IRON ORE 161.91 — — COPPER 6.24 ▼ 1.33% GOLD 4,029 ▼ 2.08% SILVER 51.22 ▼ 2.57% SOY 1,227 ▲ 3.76% CORN 449.75 ▲ 2.39% WHEAT 592.25 ▲ 0.72% COFFEE 266.00 ▼ 2.78% SUGAR 18.15 ▼ 0.33% ORANGE JUICE 147.10 ▲ 6.32% COTTON 78.28 ▼ 0.63% COCOA 4,863 ▼ 2.82% BEEF 222.70 ▲ 3.01% CATTLE 326.63 ▼ 0.53% LITHIUM 59.85 ▼ 2.44% PETR4 45.05 ▼ 0.31% VALE3 64.91 ▼ 1.82% ITUB4 41.19 ▼ 1.27% BBDC4 14.31 ▼ 2.52% ABEV3 15.64 ▲ 0.19% BBAS3 16.84 ▼ 1.06% B3SA3 14.41 ▼ 2.96% WEGE3 50.68 ▼ 0.12% PRIO3 59.49 ▲ 0.17% SUZB3 54.72 ▲ 0.96% RENT3 29.72 ▼ 3.60% AZZA3 14.62 ▼ 3.31% CSAN3 2.67 ▼ 3.61% RAIZ4 24.40 ▼ 12.86% PCAR3 2.42 ▼ 0.41% GMAT3 3.81 ▼ 0.52% PSSA3 46.06 ▲ 0.90% CVCB3 0.86 ▼ 1.15% POSI3 2.97 ▼ 1.98% SLCE3 17.00 ▼ 1.73% NATU3 5.55 ▼ 2.80% BRKM5 2.96 ▼ 1.99% RANI3 8.36 ▼ 4.57% CSNA3 4.43 ▼ 1.34% IBOV 171,347.61 ▼ 0.52% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL 5.58 ▲ 1.37% USD/MXN 18.64 ▲ 0.56% USD/CLP 983.93 ▲ 1.73% USD/COP 3,300 ▲ 5.77% USD/PEN 3.41 ▲ 0.05% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.43 ▲ 3.52% USD/PYG 6,196 ▲ 1.99% USD/BOB 11.68 ▲ 0.19% USD/DOP 60.46 ▲ 2.41% USD/CRC 445.62 ▲ 1.24% USD/GTQ 7.64 ▲ 2.97% USD/HNL 26.89 ▲ 3.05% USD/NIO 36.62 ▲ 2.53% USD/VES 897.02 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.36% USD/TTD 6.72 ▲ 2.10% EUR/BRL 6.23 ▲ 1.66% BRENT 91.72 ▼ 0.92% WTI 86.20 ▼ 0.75% IRON ORE 161.91 — — COPPER 6.24 ▼ 1.33% GOLD 4,029 ▼ 2.08% SILVER 51.22 ▼ 2.57% SOY 1,227 ▲ 3.76% CORN 449.75 ▲ 2.39% WHEAT 592.25 ▲ 0.72% COFFEE 266.00 ▼ 2.78% SUGAR 18.15 ▼ 0.33% ORANGE JUICE 147.10 ▲ 6.32% COTTON 78.28 ▼ 0.63% COCOA 4,863 ▼ 2.82% BEEF 222.70 ▲ 3.01% CATTLE 326.63 ▼ 0.53% LITHIUM 59.85 ▼ 2.44% PETR4 45.05 ▼ 0.31% VALE3 64.91 ▼ 1.82% ITUB4 41.19 ▼ 1.27% BBDC4 14.31 ▼ 2.52% ABEV3 15.64 ▲ 0.19% BBAS3 16.84 ▼ 1.06% B3SA3 14.41 ▼ 2.96% WEGE3 50.68 ▼ 0.12% PRIO3 59.49 ▲ 0.17% SUZB3 54.72 ▲ 0.96% RENT3 29.72 ▼ 3.60% AZZA3 14.62 ▼ 3.31% CSAN3 2.67 ▼ 3.61% RAIZ4 24.40 ▼ 12.86% PCAR3 2.42 ▼ 0.41% GMAT3 3.81 ▼ 0.52% PSSA3 46.06 ▲ 0.90% CVCB3 0.86 ▼ 1.15% POSI3 2.97 ▼ 1.98% SLCE3 17.00 ▼ 1.73% NATU3 5.55 ▼ 2.80% BRKM5 2.96 ▼ 1.99% RANI3 8.36 ▼ 4.57% CSNA3 4.43 ▼ 1.34%
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Tuesday, November 10, 2026

China Analysis

The New Cold War: China and Russia Against the West

By · · 2 min read

(Analysis) The relationship between China and Russia has evolved, highlighting the complexities of global power dynamics.

This shift has heightened tensions with the U.S.-led Western alliance, marking a significant change that influences international policies and stability.

During an important state visit to China, Russian President Vladimir Putin held in-depth talks with Chinese President Xi Jinping.

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Their meeting reinforced a united stance against what they perceive as Western dominance, signaling a strong partnership intent on reshaping the global landscape.

These discussions not only strengthened their trade relationships but also their strategic cooperation, positioning them as a formidable challenge to U.S. influence.

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The New Cold War: China and Russia Against the West
The New Cold War: China and Russia Against the West.
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Amidst this backdrop, the Russia-Ukraine conflict introduces further strains. China’s support of Russia with dual-use technologies has drawn sharp criticism from Washington.

This has cast China not merely as a competitor but as a co-conspirator in the eyes of many Western policymakers.

This involvement has triggered severe repercussions, deepening U.S.-China tensions to new lows.

The U.S. response has been to rally its NATO allies, urging them to pressure Beijing to withdraw its support for Moscow.

Despite high-level talks between Chinese leaders and European figures like France’s Emmanuel Macron and Germany’s Olaf Scholz, efforts to limit dual-use exports to Russia have seen limited success.

Reshaping Global Power Dynamics

This growing rift isn’t just another geopolitical squabble; it’s a fundamental clash over the future of international order, where reconciliation seems increasingly out of reach.

The personal rapport between Putin and Xi, contrasting sharply with Cold War-era Sino-Soviet tensions, strengthens this alliance against Western strategies.

The stakes are high as this alliance challenges the current world order, compelling U.S. allies to tighten ranks and bolster strategic unity.

This scenario demands adept crisis management to prevent a potential escalation into a broader conflict.

In essence, the deepening partnership between China and Russia reshapes global power dynamics, setting the stage for new alliances and conflicts.

It’s a pivotal moment that not only defines the strategic contours of global politics but also tests the resilience of international diplomacy in today’s multi-polar world.

This evolving scenario highlights the critical need for a nuanced understanding of global tensions and strategic alliances.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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