Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Putin to visit China this week to meet with Xi, Chinese Foreign Ministry says By: FOXNews.com May 14, 2024 at 08:41 AM EDT Russian President Vladimir Putin is set to visit China for two days, strengthening the alliance between the two authoritarian powers against the Western order led by the U.S. Russian President Vladimir Putin will make a two-day state visit to China this week, the Chinese Foreign Ministry said Tuesday, in the latest show of unity between the two authoritarian allies against the U.S.-led Western liberal global order.Putin will meet Chinese leader Xi Jinping during his visit starting on Thurday, the ministry said, saying the two leaders would discuss "cooperation in various fields of bilateral relations ... as well as international and regional issues of common concern." No details were mentioned.The Kremlin in a statement confirmed the trip and said Putin was going on Xi’s invitation. It said that this will be Putin’s first foreign trip since he was sworn in as president and began his fifth term in office.PUTIN SECURES 5TH TERM AS RUSSIAN PRESIDENT IN ELECTION WITH NO REAL OPPOSITION, ADDRESSES NAVALNY DEATHChina has backed Russia politically in the conflict in Ukraine and has continued to export machine tools, electronics and other items seen as contributing to the Russian war effort, without actually exporting weaponry.China is also a major export market for energy supplies that keep the Kremlin’s coffers full.China has sought to project itself as a neutral party in the conflict, but has declared a "no limits" relationship with Russia in opposition to the West. The sides have also held a series of joint military drills and China has consistently opposed economic sanctions against Russia in response to its now two-year-old campaign of conquest against Ukraine.The two continent-sized authoritarian states are increasingly in dispute with democracies and NATO while seeking to gain influence in Africa, the Middle East and South America.Putin's visit comes just days ahead of Monday's inauguration of William Lai Ching-te as the next president of Taiwan, the self-governing island democracy that China claims as its own territory and threatens to annex by force if necessary.Xi returned last week from a five-day visit to Europe, including stops in Hungary and Serbia, countries viewed as close to Russia. The trip, Xi's first to the continent in five years, was seen as an attempt to increase China's influence and drive a wedge between the EU and NATO on one side, and a yet-to-be-defined bloc of authoritarian nations on the other underpinned by Chinese economic influence that has been wavering amid a housing crisis and dramatically slower domestic economic growth. Related Stocks: Fancamp Exploration Ltd Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Putin to visit China this week to meet with Xi, Chinese Foreign Ministry says By: FOXNews.com May 14, 2024 at 08:41 AM EDT Russian President Vladimir Putin is set to visit China for two days, strengthening the alliance between the two authoritarian powers against the Western order led by the U.S. Russian President Vladimir Putin will make a two-day state visit to China this week, the Chinese Foreign Ministry said Tuesday, in the latest show of unity between the two authoritarian allies against the U.S.-led Western liberal global order.Putin will meet Chinese leader Xi Jinping during his visit starting on Thurday, the ministry said, saying the two leaders would discuss "cooperation in various fields of bilateral relations ... as well as international and regional issues of common concern." No details were mentioned.The Kremlin in a statement confirmed the trip and said Putin was going on Xi’s invitation. It said that this will be Putin’s first foreign trip since he was sworn in as president and began his fifth term in office.PUTIN SECURES 5TH TERM AS RUSSIAN PRESIDENT IN ELECTION WITH NO REAL OPPOSITION, ADDRESSES NAVALNY DEATHChina has backed Russia politically in the conflict in Ukraine and has continued to export machine tools, electronics and other items seen as contributing to the Russian war effort, without actually exporting weaponry.China is also a major export market for energy supplies that keep the Kremlin’s coffers full.China has sought to project itself as a neutral party in the conflict, but has declared a "no limits" relationship with Russia in opposition to the West. The sides have also held a series of joint military drills and China has consistently opposed economic sanctions against Russia in response to its now two-year-old campaign of conquest against Ukraine.The two continent-sized authoritarian states are increasingly in dispute with democracies and NATO while seeking to gain influence in Africa, the Middle East and South America.Putin's visit comes just days ahead of Monday's inauguration of William Lai Ching-te as the next president of Taiwan, the self-governing island democracy that China claims as its own territory and threatens to annex by force if necessary.Xi returned last week from a five-day visit to Europe, including stops in Hungary and Serbia, countries viewed as close to Russia. The trip, Xi's first to the continent in five years, was seen as an attempt to increase China's influence and drive a wedge between the EU and NATO on one side, and a yet-to-be-defined bloc of authoritarian nations on the other underpinned by Chinese economic influence that has been wavering amid a housing crisis and dramatically slower domestic economic growth. Related Stocks: Fancamp Exploration Ltd