Putin Needs Xi's Help. The 3 Things Russia Wants From China
Summary
Russian President Vladimir Putin visited China to seek more support from China, Russia’s largest trading partner, amid its difficulties in the Ukraine war. Putin and Chinese President Xi Jinping plan to discuss expanded cooperation in trade, energy, and diplomacy, including a major new gas pipeline project.Key Facts
- Putin visited China shortly after President Trump’s visit, highlighting Beijing’s key role in global diplomacy.
- Putin and Xi Jinping have called each other “dear friends” and have strengthened ties during the Ukraine conflict.
- They will discuss the Power of Siberia 2 gas pipeline, which will carry up to 50 billion cubic meters of gas annually from Russia’s Arctic region to China through Mongolia.
- This pipeline helps Russia shift energy exports from Europe, which is reducing its dependence on Russian fuel due to the Ukraine war.
- China is now the largest buyer of Russian oil, often paying in Chinese yuan despite Western sanctions on Russia.
- Negotiations over the price of gas for the new pipeline are ongoing, with China cautious about costs amid regional instability.
- China has increased its economic and diplomatic support for Russia since the start of the Ukraine conflict, boosting trade to record levels.
- The visit signals China’s message to the U.S. about its strategic partnerships with Russia, Iran, and North Korea.
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