Chinese President Xi Jinping has pledged to boost mutual investment and deepen economic cooperation with Russia, as Moscow faces growing Western sanctions and trade pressure.
Speaking in Beijing on Tuesday during talks with Russian Prime Minister Mikhail Mishustin, Xi said China and Russia would continue strengthening ties despite a “turbulent external environment”, according to state broadcaster CCTV.
The meeting took place at the Great Hall of the People, a day after Chinese Premier Li Qiang also met Mishustin in Hangzhou and voiced support for enhanced cooperation and joint security efforts.
Xi said safeguarding and advancing the China-Russia relationship was a “strategic choice for both sides” and pointed to potential growth in sectors such as energy, agriculture, aerospace, the digital economy and green development.
Mishustin called for continued efforts to support joint investment projects, according to Russia’s TASS news agency.
The talks come as Russia seeks to stabilise economic ties with its main strategic partner following a decline in bilateral trade. China, which had been a key buyer of Russian oil, saw state firms pause seaborne purchases last month due to U.S. sanctions on major Russian producers Rosneft and Lukoil, Reuters reported.
Trade between the two countries reached a record $240 billion in 2023, but has slowed in recent months amid U.S. pressure on China over its commercial and technological links with Moscow.
In a joint communique published on Tuesday, China and Russia vowed to “respond appropriately to external challenges” and reinforce cooperation “in all spheres”.
Russia also reaffirmed its support for the “one-China” policy and its opposition to “Taiwan independence”, aligning with Beijing’s long-standing position. Taiwan’s government has rejected China’s sovereignty claim, asserting that the island’s future must be decided by its people.
Xi and Russian President Vladimir Putin declared a “no-limits” partnership in February 2022, shortly before Moscow launched its full-scale invasion of Ukraine. Since then, Beijing has become a key economic lifeline for Russia, with increased yuan-based settlements and deepening energy ties.
A Kyiv-Warsaw train was struck near the Polish border, Ukraine's state railway firm said on Sunday. No passengers were injured. Ukrai...
Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the ...
Indonesian rescuers are searching for 130 people after a passenger ship carrying 243 people sank in the Java Sea following bad weather, while 113 p...
Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the UK Maritime Trade Operations (UKMTO), adding to concerns about energy supplies after Saudi Arabia shut down a vital oil pipeline on Saturday.
A Kyiv-Warsaw train was struck near the Polish border, Ukraine's state railway firm said on Sunday. No passengers were injured. Ukrainian Railways said that the country's railways were facing systematic attacks for a second day and warned of widespread delays.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad saying the strike originated from Iraq.
Swedes vote in an election on Sunday (13 September) that could see the far-right enter government for the first time if the country's right-wing parties can form a majority.
A Kyiv-Warsaw train was struck near the Polish border, Ukraine's state railway firm said on Sunday. No passengers were injured. Ukrainian Railways said that the country's railways were facing systematic attacks for a second day and warned of widespread delays.
Indonesian rescuers are searching for 130 people after a passenger ship carrying 243 people sank in the Java Sea following bad weather, while 113 people have been evacuated and six have died, the country’s search and rescue agency said on Sunday.
China will lead the creation of an open source platform among BRICS members to promote cooperation on large language models, Chinese President Xi Jinping said on Sunday.
Swedes vote in an election on Sunday (13 September) that could see the far-right enter government for the first time if the country's right-wing parties can form a majority.
Philippine rescuers recovered 41 more charred remains from a ferry fire on Saturday (12 September), taking the death toll to 76, while 13 people remained unaccounted for as forensic teams worked to identify the victims.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment