EconomyLens.com
No Result
View All Result
Monday, May 19, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Putin in trade push on final day of China trip

Thomas Barnes by Thomas Barnes
May 17, 2024
in Economy
Reading Time: 6 mins read
A A
0
25
SHARES
311
VIEWS
Share on FacebookShare on Twitter

Putin arrived in China on Thursday on his first trip abroad since his March reelection. ©AFP

Beijing (AFP) – Russian leader Vladimir Putin was in the northeastern city of Harbin on Friday, the final day of a visit aiming to promote crucial trade with China and win greater support for his war effort in Ukraine.

Related

UK-EU set to seal closer ties in first summit since Brexit

Ryanair annual profit drops 16% as fares fall

China factory output beats forecasts, weathering tariffs

France to unveil €37 bn in foreign investment at Versailles summit: presidency

US loses last triple-A credit rating as Moody’s cuts over govt debt

Putin arrived Thursday on his first trip abroad since his March re-election, meeting President Xi Jinping for talks in which the leaders framed their nations’ ties as a stabilising force in a chaotic world.

China and Russia’s strategic partnership has only grown closer since the invasion of Ukraine, and Beijing has rebuffed Western claims that it is aiding Moscow’s war effort. China has also offered a critical lifeline to Russia’s isolated economy, with trade booming since the invasion and hitting $240 billion in 2023, according to Chinese customs figures.

Putin’s trip to Harbin is part of efforts to enhance that economic relationship. Lying just a few hundred kilometres from the border with Russia, the city has long served as a key hub for cross-border trade and cultural exchange.

The Russian president will attend the opening ceremony of a Russia-China trade expo on Friday, Moscow’s state news agency TASS reported, and will be accompanied by Han Zheng, China’s vice president.

Putin will hold a press conference with Russian media later in the day.

– Western criticism –

The Russian leader’s arrival came hours after he hailed his country’s troops for advancing on “all fronts” on the battlefield in Ukraine, following a major new ground assault.

Western countries have meanwhile been mounting pressure on China to cut off support for Russia’s economy.

After Washington vowed to go after financial institutions that facilitate Moscow, Chinese exports to Russia dipped in March and April, down from a surge early in the year. In a statement to the media following talks with Putin, Xi said the two sides agreed on the need for a “political solution” to resolving the war.

The two men later ditched their ties for a less formal meeting over tea at the palatial Zhongnanhai leadership compound.

China’s state broadcaster aired footage of Xi embracing Putin following their talks, which saw the Chinese leader express support for an “international peace conference recognized by Russia and Ukraine”.

There are no indications Moscow and Kyiv are prepared to engage in direct talks, which Ukraine says would only be used by Russia to buy time to prepare for a new assault.

Hours after Xi and Putin met, US State Department spokesman Vedant Patel said that China couldn’t “have its cake and eat it too” with regard to the West and Moscow.

“It can’t have it both ways and want to have (better) relationships with Europe and other countries while simultaneously continuing to fuel the biggest threat to European security in a long time,” Patel said, referring to Russia’s invasion of Ukraine.

© 2024 AFP

Tags: ChinaRussiatrade
Share10Tweet6Share2Pin2Send
Previous Post

Asian stocks mixed after Wall St, Europe retreat from records

Next Post

Rapidus ‘last opportunity’ to put Japan back on global chip map

Thomas Barnes

Thomas Barnes

Related Posts

Economy

India restricts some imports from Bangladesh through land ports

May 18, 2025
Economy

High times for German cannabis firm amid medical boom

May 18, 2025
Economy

US loses last triple-A credit rating as Moody’s cuts over govt debt

May 18, 2025
Economy

US Fed plans to cut workforce by 10% in next ‘couple of years’

May 16, 2025
Economy

Dua Lipa is the youngest person on UK’s under-40 rich list

May 16, 2025
Economy

APEC says ‘concerned’ over challenges to global trade

May 17, 2025
Next Post

Rapidus 'last opportunity' to put Japan back on global chip map

China offers to buy up commercial housing to boost property market

Crisis-hit Boeing girds for potentially turbulent annual meeting

China cuts rates, could buy up commercial housing to boost property market

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

71

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Perrier scandal bubbles up as French parliament slams cover-up

May 19, 2025

UK forges new ties with EU in post-Brexit era

May 19, 2025

Trump tariffs force EU to cut 2025 eurozone growth forecast

May 19, 2025

French state covered up Nestle water scandal: Senate report

May 19, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.