Berliner Boersenzeitung - China's Xi aims to beef up 'no limits' Putin partnership

EUR -
AED 4.26841
AFN 80.362394
ALL 97.542216
AMD 446.735356
ANG 2.080099
AOA 1065.794205
ARS 1494.414015
AUD 1.776887
AWG 2.092071
AZN 1.980459
BAM 1.954642
BBD 2.348809
BDT 141.226338
BGN 1.956132
BHD 0.43854
BIF 3466.946195
BMD 1.162261
BND 1.493215
BOB 8.038238
BRL 6.486005
BSD 1.163311
BTN 100.147673
BWP 15.618748
BYN 3.807045
BYR 22780.325028
BZD 2.336716
CAD 1.596076
CDF 3354.287055
CHF 0.932807
CLF 0.029182
CLP 1120.296341
CNY 8.342655
CNH 8.346165
COP 4674.330945
CRC 587.052233
CUC 1.162261
CUP 30.799929
CVE 110.199718
CZK 24.634179
DJF 206.947405
DKK 7.463699
DOP 70.258379
DZD 151.514244
EGP 57.439973
ERN 17.433922
ETB 161.636047
FJD 2.620788
FKP 0.864949
GBP 0.866519
GEL 3.150183
GGP 0.864949
GHS 12.127816
GIP 0.864949
GMD 83.106172
GNF 10094.020343
GTQ 8.931709
GYD 243.385819
HKD 9.121487
HNL 30.445964
HRK 7.532663
HTG 152.739518
HUF 398.923459
IDR 18977.696027
ILS 3.908598
IMP 0.864949
INR 100.127437
IQD 1523.897249
IRR 48945.741055
ISK 142.354235
JEP 0.864949
JMD 186.029797
JOD 0.824089
JPY 172.932309
KES 150.300962
KGS 101.640213
KHR 4662.238109
KMF 491.989694
KPW 1046.046309
KRW 1616.942576
KWD 0.355234
KYD 0.969426
KZT 620.152624
LAK 25087.138481
LBP 104232.653
LKR 350.972086
LRD 233.241828
LSL 20.596898
LTL 3.431856
LVL 0.703041
LYD 6.327252
MAD 10.519168
MDL 19.788278
MGA 5176.933206
MKD 61.523554
MMK 2439.678938
MNT 4168.013035
MOP 9.404829
MRU 46.275587
MUR 53.119698
MVR 17.903172
MWK 2017.205016
MXN 21.777182
MYR 4.935007
MZN 74.338683
NAD 20.596898
NGN 1779.387897
NIO 42.814637
NOK 11.838157
NPR 160.236077
NZD 1.94976
OMR 0.446894
PAB 1.163311
PEN 4.140847
PGK 4.817146
PHP 66.377189
PKR 331.310933
PLN 4.244785
PYG 9003.666265
QAR 4.229694
RON 5.072695
RSD 117.080642
RUB 91.265035
RWF 1681.00418
SAR 4.36165
SBD 9.64543
SCR 17.082281
SDG 697.942292
SEK 11.245095
SGD 1.492813
SHP 0.913355
SLE 26.62005
SLL 24372.046713
SOS 664.806172
SRD 43.245469
STD 24056.466061
STN 24.485495
SVC 10.17897
SYP 15112.803405
SZL 20.592801
THB 37.628259
TJS 11.196867
TMT 4.079538
TND 3.419874
TOP 2.722137
TRY 46.947496
TTD 7.897322
TWD 34.181766
TZS 3030.404801
UAH 48.58252
UGX 4168.530579
USD 1.162261
UYU 46.882227
UZS 14725.276806
VES 135.943958
VND 30404.760344
VUV 138.92149
WST 3.080055
XAF 655.568644
XAG 0.030448
XAU 0.000347
XCD 3.14107
XCG 2.096558
XDR 0.815317
XOF 655.568644
XPF 119.331742
YER 280.163552
ZAR 20.586499
ZMK 10461.752209
ZMW 26.785133
ZWL 374.247723
  • CMSC

    0.0900

    22.314

    +0.4%

  • CMSD

    0.0250

    22.285

    +0.11%

  • RBGPF

    0.0000

    69.04

    0%

  • SCS

    0.0400

    10.74

    +0.37%

  • RELX

    0.0300

    53

    +0.06%

  • RIO

    -0.1400

    59.33

    -0.24%

  • GSK

    0.1300

    41.45

    +0.31%

  • NGG

    0.2700

    71.48

    +0.38%

  • BP

    0.1750

    30.4

    +0.58%

  • BTI

    0.7150

    48.215

    +1.48%

  • BCC

    0.7900

    91.02

    +0.87%

  • JRI

    0.0200

    13.13

    +0.15%

  • VOD

    0.0100

    9.85

    +0.1%

  • BCE

    -0.0600

    22.445

    -0.27%

  • RYCEF

    0.1000

    12

    +0.83%

  • AZN

    -0.1200

    73.71

    -0.16%

China's Xi aims to beef up 'no limits' Putin partnership
China's Xi aims to beef up 'no limits' Putin partnership / Photo: Maxim Shemetov - POOL/AFP

China's Xi aims to beef up 'no limits' Putin partnership

Chinese President Xi Jinping headed to Moscow on Wednesday for a key three-day visit including a grand Victory Day parade and a show of support for Vladimir Putin.

Text size:

Moscow and Beijing declared a "no limits partnership" weeks before Putin ordered Russia's Ukraine offensive in February 2022. The expanded military and trade ties since have troubled the West.

The visit comes with rising China-US tensions over biting US trade tariffs, while President Donald Trump has also made overtures to Putin in a bid to mediate the conflict in Ukraine.

On Tuesday, the Kremlin praised Russia-China relations as a "genuine example" of cooperation and said they were "at their highest point".

It said Putin and Xi will discuss Ukraine and Russia-US relations at a one-to-one meeting.

China's foreign ministry said the leaders will "rally the Global South, shape global governance in the right direction, unequivocally oppose acts of unilateralism and bullying, and jointly promote an equal and orderly multipolar world", state broadcaster CCTV said.

- Guest of honour -

Putin will address the "grandest" ever annual Victory Day parade in Moscow on Friday for the 80th anniversary of defeat of Nazi Germany in World War II to rally support for his troops fighting in Ukraine.

Xi is to be the guest of honour at the May 9 parade among 29 other foreign leaders, three of whom come from non-recognised or partially recognised states.

Putin has ordered a three-day ceasefire on the Ukraine frontlines to coincide with the celebrations.

Kyiv has dismissed the gesture as an attempt by Moscow to secure the safety of the parade and called for a month-long ceasefire instead.

Ukraine -- which hit Moscow with drones just days before the parade -- has said it cannot take responsibility for what happens in Russia.

Some countries had approached Kyiv to ask for safety for their leaders attending the parade, it added.

China has sent 102 soldiers –- the largest foreign military contingent among the 13 participating nations –- for the event.

Ukraine warned Tuesday against any foreign troops participating in the parade, calling it "unacceptable" and helping Moscow "whitewash its war crimes".

World War II, officially remembered in Russia as the "Great Patriotic War", had a devastating impact on the Soviet Union, resulting in more than 20 million civilian and military deaths.

Throughout his rule, Putin has tapped into this national trauma, making May 9 Russia's most important public holiday and championing his army as defenders against fascism.

The Kremlin has also drawn parallels between its offensive against Ukraine and the fight against the Nazis.

- Fine line -

China has portrayed itself as a neutral party in the more than three-year conflict, although Western governments say its close ties to Russia have given Moscow crucial economic and diplomatic support.

Ukraine's President Volodymyr Zelensky in April accused China of supplying arms to Russia and alleged Beijing knew of at least 155 Chinese nationals fighting alongside Russian forces.

Beijing denied that its citizens were being recruited en masse by Russia and urged Chinese nationals not to become involved in conflicts.

It also rejected claims it was supplying weapons to any side in the war.

Over the past decade, China and Russia have deepened their ties however, with Beijing becoming Moscow's largest trading partner following sweeping Western sanctions.

But Russia ranks only as China's fifth-largest trading partner, with Beijing primarily relying on Moscow for its vast supplies of natural gas and oil.

Chinese companies quickly stepped in to fill the void left by the exodus of Western firms -- particularly in the auto sector -- after Russia launched its offensive in Ukraine.

The two countries have shifted nearly all their bilateral transactions to local currencies, with 95 percent of payments now settled in rubles and yuan.

(P.Werner--BBZ)