Xi and Putin Strengthen China-Russia Ties in Energy and Finance Amid Western Pressures
China and Russia have committed to deepening their cooperation in the energy and finance sectors as a response to Western sanctions. Initiatives include collaboration in oil, natural gas, coal, renewable energy, and efforts to boost bilateral trade using their own currencies.
Amidst rising tensions, Putin's visit to 'Little Moscow' in China underscores the strategic alliance between the two nations. Additionally, plans for the construction of the Power of Siberia 2 gas pipeline further demonstrate the reinforcement of economic ties between Russia and China.
Despite warnings from the Pentagon concerning military relations with Russia, Xi and Putin continue to pledge closer economic and military cooperation in light of shared challenges with Western powers.
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