Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Top News
Top News

Russia And China Strengthen Economic Ties Amid Western Frictions

Chinese FAW V2 car is displayed at the Moscow International Automobile Salon in Moscow, Russia, Friday, Aug. 31, 2012. The divide between China and Europe over the war in Ukraine was on display

Russian President Vladimir Putin and Chinese Premier Li Qiang met in Moscow to discuss the flourishing trade ties between their countries. Putin praised the large-scale joint plans and projects in economic and humanitarian areas, emphasizing the continuation of this partnership for many years.

The meeting between the two officials focused on economic and practical cooperation, as Russia looks to China for economic support amidst the ongoing war with Ukraine. Both leaders expressed their commitment to deepening bilateral relations and cooperation.

China's visit to Russia comes at a crucial time, as Russia faces international sanctions and military challenges in Ukraine. The two countries view each other as key allies against Western pressure and aim to protect their economic and technological progress.

During the meeting, both sides agreed to expand economic and trade cooperation and oppose any attempts to restrict their development. They highlighted the importance of building a multipolar world order and strengthening coordination on international platforms.

Despite facing scrutiny from the West, China has continued to deepen its relations with Russia across various sectors. The two countries signed cooperation agreements in science and technology, chemical industry, maritime search and rescue, and cross-border cargo transport.

Trade between China and Russia reached record highs last year, exceeding $240 billion. While bilateral trade saw significant growth in 2023, the increase has been modest in the first half of this year.

Li's visit to Belarus will further strengthen cooperation in various fields, reflecting the ongoing efforts to enhance ties between China and its allies.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.