China and Russia have developed an underlying empathy on the transition of the contemporary US-led hegemonic world order. Since the dawn of the 21st century, the two Eurasian powers have been striving for transforming the global system to a multipolar world system. As Beijing and Moscow, along with other emerging powers were already weary of Washington’s unipolar moment and its self-proclaimed authority of overriding the entire international system. In the American worldwide hegemony, the rest of the nations; neither alone nor collectively could challenge its supremacy; as the political, economic and military dominance of the US was ascertained by its ascendency in the post-World war II established international organizations. However, during the past few decades the rapid rise of China; the resurgence of Russia and the relative decline of the US; evidently specify that the era of Pax-American is on the go. Moreover, the launching of Beijing sponsored transnational initiatives can be acknowledged as the pillars of a new multicentric global system in future. Hence, the dynamics of international politics are apparently heading towards the transition of the contemporary world system to a multipolar structure; where besides the US, China and Russia would also play significant role.