Xi welcomes Putin to China as both leaders seek to bolster ties

[Pelican Press 0]

Xi welcomes ****** to China as both leaders seek to bolster ties

******** leader Xi Jinping welcomed Russian President Vladimir ****** in Beijing on May 16, 2024 as both countries seek to bolster their strategic relationship. Seen here is a file photo of the two men when they met in Beijing on Oct. 18, 2023.

Sergei Guneyev | Afp | Getty Images

******** leader

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in Beijing on Thursday as both countries seek to bolster their strategic relationship.

******’s two-day state visit to China comes at the

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and will be the Russian leader’s first foreign trip since 

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 last week.

Both countries

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friendship since February 2022, as a counter to the global influence of the U.S.

China has increasingly become Russia’s lifeline to support its war chest since the invasion of Ukraine as Washington continues to tighten the screws on Moscow with more sanctions.

In an 

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 published ahead of the visit, ****** said trade volume between the two countries reached $227.8 billion last year from $111 billion in 2019.

“The current bilateral trade volume is about 20 trillion rubles, or nearly 1.6 trillion yuan,” he noted. That’s about $219.6 billion.

Both sides aim to deepen cooperation in “high-technology, outer space and peaceful uses of nuclear energy, artificial intelligence, renewable energy,” among other sectors, ****** added.

China’s tight embrace of Russia has been a thorny issue for the U.S. with Washington warning Beijing to curtail its military aid for Moscow’s war against Ukraine.

On the trade front, U.S. President Joe Biden this week announced stiff new tariff rates on $18 billion worth of ******** imports to protect ********* industries from what Washington has called “unfair trade practices” by China.

The mounting economic and diplomatic pressure from the U.S. and its allies could force China closer to Russia,

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****** is expected to meet with

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and travel to the north-eastern city of Harbin for a trade and investment expo, according to

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This is breaking news. Please check back for updates.

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Breaking News: Politics,Politics,Xi Jinping,Vladimir ******,******* States,Joe Biden,Government and politics,Foreign policy,International trade,Beijing,China,Russia,Washington,business news
#welcomes #****** #China #leaders #seek #bolster #ties

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