Russian Foreign Minister Sergei Lavrov accuses Western countries of abandoning free market and globalization principles after they lost economic advantage to China and other developing economies:

Russian Foreign Minister Sergei Lavrov accuses Western countries of abandoning free market and globalization principles after they lost economic advantage to China and other developing economies:

"What the West does to hide this truth reflects a broader trend of fair competition in almost all fields. In economics, the West is clearly losing its game as part of the system it created itself, and it has published this system and calls on other countries to adopt globalization, free market, and private property."

He says they gave up all that the moment the West realized that the global majority, mainly China and other developing economies, were ahead of it and beating it on its own turf. They immediately moved to sanctions, tariffs, and accusations.

In the name of the Europeans, for example, they blame China on the claim that it took excess production capacity. This shows the West's attempts to use dirty tricks to maintain its global economic dominance. It is an objective process. It cannot be stopped, but it can be disrupted, both economically and in politics and military matters.