Abstract: The article is devoted to topical international issues regarding the reform of the system of global governance, in the solution of which the work of international organizations and leading states of the world is involved. Speaking as influential players of modern international relations, China and Russia are striving to be active in resolving the pressing problems of our time through participation in the processes of multilateral diplomacy. The article will consider the approaches of state diplomacy within the framework of the International Monetary Fund and the World Bank in addressing the financial and economic aspects of global governance. Analytical and systematic approaches were used as a methodological basis. Such a methodology allowed the most reasonably and objectively review and analyze the problems of the article, namely, the reasons for the intensification of foreign policy of states in matters of global governance and the immediate results of China and Russia on the problem of reforming world financial institutions. The author comes to the conclusion that the activities of China and Russia in the framework of reforming the global governance system, despite their protracted nature, remain one of the most important mechanisms for improving the global financial system, as well as bilateral interaction on a global scale, once again demonstrating the high degree of influence of states on the international the arena, as well as the strengthening positions of the developing world.
 

Abstract: The article explores Russian-Chinese cooperation on regional and international security issues within the SCO framework. The new global challenges that emerged from the profound transformations of the international system after the end of the Cold War demanded that China and Russia develop new approaches to regional security, which led to the establishment of the Shanghai Cooperation Organization that currently is an effective mechanism for coordination of positions on a wide range of international issues. And China-Russia relations of strategic cooperation remain the main driving force of the said organization. The methodological basis of this article is a system-structural method. The system method makes it possibleto study the structure of the system as a set of interrelated elements; the structural method makes it possible to identify stable connections inside the system. The merging of these two methods within the framework of exploration of the PRC and RF cooperation in the SCO allowed the author to assess the role and place they occupy within the system (organization); to study their goals and policies in the international arena; to identify a common ground that enabled them to cooperate productively in the SCO; and also to analyze interaction of the SCO with other actors of the international system. The scientific novelty of the study is determined by a comprehensive analysis of the main interests and problems of Russian-Chinese cooperation within the SCO framework. The author has studied a wide range of sources in Chinese and Russian, on their basis the author makes conclusions on trends in the development of the relations between the PRC and the RF in the context of changes in the international system.