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.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasi...
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Repub...
U.S. President Donald Trump has vowed...
Russia is open to listening to new proposals on how to reach a settlement on the Ukraine conflict, a senior Russian diplomat said, but any proposals should reflect the "realities on the ground".
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
A large-scale drone attack has hit Russia's Samara region, damaging facilities and disrupting operations at an Ozon logistics complex, according to regional authorities and the company.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
U.S. President Donald Trump said Iran was not ready to make what he called the "right deal" with Washington as tensions persisted over the war and the Strait of Hormuz.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
Syria expects negotiations with Israel over a security agreement to resume soon despite deep mistrust between the two sides, Syrian Foreign Minister Asaad al-Shaibani said in an interview with Reuters, urging Israel to seize an "historic opportunity" as the door for diplomacy is open.
India's Coast Guard and Navy continued search-and-rescue operations off the eastern coast on Sunday after a Panama-flagged cargo vessel carrying 24 crew sank, with two Chinese nationals rescued, a senior official said.
Taiwan President Lai Ching-te has called for continued military strength and national unity during a visit to the sensitive frontline island of Kinmen, saying peace must be protected "through strength."
The European Union’s Civil Protection Mechanism sent helicopters and firefighters to help Serbia fight a massive wildfire in a nature reserve in the northeast of the country, the head of the European Union mission to Belgrade said.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment