The Institute for Islamic Strategic Affairs (IISA), a London-based think-tank with a trans-Islamic and global reach, issues its 2015 Annual Strategic Brief on the Resurgence of Russia and China and what it means for regional and global world order.
The Report concludes -
""2014 has demonstrated that the global power balance has shifted far more quickly than many had predicted, with China beginning to make significant changes to the global financial system, making its influence and presence in Asia more visible. With many Western countries now joining the Chinese led Asian Infrastructure Investment Bank (AIIB), China’s challenge to the existing international order has clearly begun. It is therefore clear that the Sino-Russian nexus will be increasingly important in 2015 and beyond, with China moving beyond the peaceful rise of Hu Jintao and embracing a far more involved and assertive foreign policy under Xi Jinping. In the future, 2014/15 will likely be regarded as a defining point in the history of world order."