US EditionRussia-China Economic Alliance: Opposing Global Trade Sanctions
Putin and Xi Jinping emphasize removing trade barriers and oppose Western sanctions amid a record $245 billion bilateral trade in 2024, reinforcing their no-limits partnership.
- Russian President Vladimir Putin is scheduled for a four-day visit to China from August 31 to September 3, including attending a summit in Tianjin and meeting President Xi Jinping in Beijing.
- This visit follows Russia's 2022 invasion of Ukraine, which led Western nations to impose sanctions and sever ties, prompting Russia to strengthen economic ties with China as its largest trading partner.
- In 2024, trade between Russia and China surged to an unprecedented $245 billion, driven by strong oil exports to China and shipments of consumer goods to Russia, as both nations continue efforts to eliminate trade obstacles.
- In a written statement to China’s official Xinhua news outlet, Putin expressed that Russia and China stand together against unfair trade sanctions, criticizing Western restrictions for impeding global economic progress.
- The visit is intended to explore opportunities for enhanced collaboration and to identify new measures to deepen economic and industrial ties between the two nations, benefiting both sides amid ongoing geopolitical challenges.
38 Articles
38 Articles
Russian President Vladimir Putin will travel to China on Sunday in search of the political, military and economic support of his main Asian allies and partners, on which the success of the Russian war machine in Ukraine depends directly.The threats of U.S. President Donald Trump lose strength if the Kremlin continues to receive North Korean and Iranian weapons, ammunition and drones, as well as petrorublos through crude exports to China and Indi…
Vladimir Putin stated Saturday that Moscow and Beijing are facing the "discriminatory" sanctions applied to global trade, while preparing to travel to China for a summit that will meet some of the most powerful sanctions countries in the world, Politico writes.
Russian President Putin criticized Western trade sanctions shortly before a visit to China and sought close ties with the leadership in Beijing.
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