Xi Jinping welcomes Putin’s visit to China as leaders of both countries seek to strengthen ties | Wilnesh News

Chinese leaders Xi Jinping welcomes Russian President Putin In Beijing on Thursday, both countries sought to strengthen strategic ties.

Putin pays two-day state visit to China Xi Jinping’s invitation This will be the first foreign trip by a Russian leader since He begins his fifth term last week.

two countries Promote their “no limits” Friendship since February 2022 to counter US global influence

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

in a Interviewed by the official Xinhua News Agency Putin’s statement before his visit said that the trade volume between the two countries increased from US$111 billion in 2019 to US$227.8 billion last year.

“The current bilateral trade volume is about 20 trillion rubles, equivalent to about 1.6 trillion yuan,” he pointed out. This is approximately $219.6 billion.

Putin added that the two countries aimed to deepen cooperation in areas such as “high technology, outer space, and the peaceful use of nuclear energy, artificial intelligence, and renewable energy.”

China’s tight embrace of Russia has been a thorny issue for the United States, with Washington warning Beijing to reduce military aid to Moscow’s war in Ukraine.

On the trade front, U.S. President Joe Biden this week announced tough new tariffs on $18 billion worth of Chinese imports to protect U.S. industry from what Washington calls China’s “unfair trade practices.”

Growing economic and diplomatic pressure from the United States and its allies may force China to move closer to Russia, observers said.

Putin is expected to meet with Chinese Premier Li Qiang and went to the northeastern city of Harbin to participate in the Trade and Investment Expo Russian state media.

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