Berliner Boersenzeitung - Putin, Xi to underscore alliance strength after Trump visit

EUR -
AED 4.196374
AFN 73.129556
ALL 93.805997
AMD 417.823053
ANG 2.0458
AOA 1047.808038
ARS 1699.656054
AUD 1.647808
AWG 2.056766
AZN 1.942405
BAM 1.955916
BBD 2.297947
BDT 140.618374
BGN 1.932081
BHD 0.430222
BIF 3404.032503
BMD 1.142648
BND 1.476001
BOB 7.911505
BRL 5.8858
BSD 1.141073
BTN 108.966489
BWP 15.494126
BYN 3.278638
BYR 22395.901688
BZD 2.294647
CAD 1.620972
CDF 2584.670333
CHF 0.922317
CLF 0.027151
CLP 1068.581975
CNY 7.77372
CNH 7.768161
COP 3822.511932
CRC 519.026366
CUC 1.142648
CUP 30.280173
CVE 110.271084
CZK 24.251337
DJF 203.172988
DKK 7.475409
DOP 67.193413
DZD 151.98134
EGP 56.645179
ERN 17.139721
ETB 184.148237
FJD 2.555188
FKP 0.855227
GBP 0.851941
GEL 3.016512
GGP 0.855227
GHS 13.023776
GIP 0.855227
GMD 83.983642
GNF 10006.595898
GTQ 8.70548
GYD 238.664213
HKD 8.955915
HNL 30.53915
HRK 7.529367
HTG 149.320199
HUF 358.161901
IDR 20676.21638
ILS 3.459964
IMP 0.855227
INR 109.023878
IQD 1494.466654
IRR 1570855.400078
ISK 143.196669
JEP 0.855227
JMD 180.734717
JOD 0.810117
JPY 185.561471
KES 147.641328
KGS 99.924619
KHR 4595.31387
KMF 492.481429
KPW 1028.383641
KRW 1728.060611
KWD 0.353958
KYD 0.950761
KZT 535.30422
LAK 25702.868032
LBP 102171.625624
LKR 382.354443
LRD 207.082332
LSL 18.705159
LTL 3.373943
LVL 0.691176
LYD 7.320468
MAD 10.681136
MDL 20.069459
MGA 4842.118846
MKD 61.613865
MMK 2399.195548
MNT 4098.291475
MOP 9.212529
MRU 45.519507
MUR 53.853112
MVR 17.653714
MWK 1978.348557
MXN 20.048099
MYR 4.657543
MZN 73.012649
NAD 18.704996
NGN 1571.460711
NIO 41.982316
NOK 11.163854
NPR 174.344857
NZD 1.992915
OMR 0.439347
PAB 1.140968
PEN 3.886948
PGK 5.016277
PHP 70.367729
PKR 317.151574
PLN 4.307355
PYG 6934.443294
QAR 4.148229
RON 5.235271
RSD 117.343109
RUB 86.976887
RWF 1677.641176
SAR 4.291184
SBD 9.230393
SCR 15.569659
SDG 686.161935
SEK 11.063975
SGD 1.47749
SHP 0.853102
SLE 27.7949
SLL 23960.762373
SOS 652.053096
SRD 42.969854
STD 23650.507541
STN 24.501352
SVC 9.983638
SYP 126.299285
SZL 18.714196
THB 38.210727
TJS 10.565029
TMT 3.999268
TND 3.373286
TOP 2.751223
TRY 53.562192
TTD 7.749495
TWD 36.785037
TZS 3000.597225
UAH 50.763346
UGX 4215.25102
USD 1.142648
UYU 45.942736
UZS 13705.816189
VES 782.811207
VND 30041.931083
VUV 136.836018
WST 3.171402
XAF 655.9731
XAG 0.019317
XAU 0.000278
XCD 3.088064
XCG 2.055917
XDR 0.81582
XOF 655.998936
XPF 119.331742
YER 270.893271
ZAR 18.712578
ZMK 10285.205218
ZMW 20.736326
ZWL 367.932204
  • CMSC

    0.0300

    22.01

    +0.14%

  • RBGPF

    -0.4600

    67.86

    -0.68%

  • BTI

    -0.4100

    61.39

    -0.67%

  • RYCEF

    -0.6600

    18.62

    -3.54%

  • AZN

    -3.8400

    189.28

    -2.03%

  • RIO

    -2.4500

    88.8

    -2.76%

  • BP

    0.6000

    39.21

    +1.53%

  • GSK

    -0.8000

    52.52

    -1.52%

  • NGG

    0.4200

    83.53

    +0.5%

  • BCE

    0.0500

    21.45

    +0.23%

  • CMSD

    0.1600

    22.35

    +0.72%

  • BCC

    -2.1100

    71.29

    -2.96%

  • RELX

    -0.7600

    32.05

    -2.37%

  • JRI

    -0.1000

    13

    -0.77%

  • VOD

    0.0400

    13.09

    +0.31%

Putin, Xi to underscore alliance strength after Trump visit
Putin, Xi to underscore alliance strength after Trump visit / Photo: Alexander NEMENOV - AFP

Putin, Xi to underscore alliance strength after Trump visit

Russian President Vladimir Putin meets China's President Xi Jinping in Beijing on Wednesday, seeking to underline their unshakeable alliance in the wake of Donald Trump's visit to the Asian superpower economy.

Text size:

Trump had been received with pomp last week but left without major breakthroughs including on help with reopening the Strait of Hormuz.

Putin also arrives in Beijing weakened by years of its war on Ukraine, as sanctions by Western powers put the squeeze on Russian energy revenues.

But as Washington's war in Iran opens an opportunity to push energy-hungry partners to seek alternatives, Putin may use the occasion to prod China to move faster on a key gas pipeline,

Moscow is already heavily dependent economically on Beijing, the main buyer of sanctioned Russian oil.

In Beijing, Putin could seek to deepen that cooperation by pushing for progress on the construction of the major "Power of Siberia 2" natural gas pipeline from Russia to China through Mongolia -- a land alternative to crude imported by sea from the Middle East.

Russia's top diplomat Sergei Lavrov had said after meeting Xi in April that Russia could "compensate" for China's energy shortages as the Middle East war hits global supplies.

In a video message to the Chinese people released hours before his arrival on Tuesday, Putin said relations have reached "a truly unprecedented level", and that "trade between Russia and China continues to grow".

"The close strategic relationship between Russia and China plays a major, stabilising role globally. Without allying against anyone, we seek peace and universal prosperity," Putin said, in a veiled reference to the United States.

- 'Old friend' -

Xi has played host to a series of world leaders as an increasingly unpredictable United States under Trump pushed many to shore up alliances with Beijing, but the war in Iran has further accelerated the trend.

Russia-China ties have deepened since Moscow launched its invasion of Ukraine in 2022, with Putin visiting Beijing every year since as his country is cut off diplomatically on the world stage by Western powers.

Putin will be received with ceremony on Wednesday, before a series of talks concluding with the signing of a joint statement on cooperation.

While Trump enjoyed a show of ceremony last week, Putin's visit is expected to be held in a more intimate setting.

Putin's visit promises to display the close friendship enjoyed by the Russian and Chinese leaders, who will discuss strengthening their strategic partnership, according to the Kremlin.

"The Xi-Putin relationship does not require that kind of performative reassurance" like the pomp received by Trump, said Patricia Kim from the Brookings Institution in Washington.

Xi welcomed Putin with open arms as an "old friend" when he last visited Beijing in September 2025 -- language the Chinese leader did not extend to Trump last week.

Both Putin and Xi view ties as "structurally stronger and more stable" than those between China and the United States, she told AFP before the Russian president departed Moscow.

Beijing has regularly called for talks to end the war in Ukraine but has never condemned Russia for sending in troops, presenting itself instead as a neutral party.

Trump and Xi discussed Ukraine last week, but the US president left China without a breakthrough.

"Xi will almost certainly brief Putin on his summit with Trump," Kim said.

The lack of clear outcomes from the Xi-Trump meeting, though, "likely reassures Moscow that Xi did not strike any understanding with Trump that would materially undercut Russian interests".

- Appetite for oil -

Putin will be hoping for China to deepen its commitment to Moscow, after Trump told Fox News during his visit that Beijing had agreed to buy US oil to feed its "insatiable" appetite for energy.

With Russia reliant on sales to China to sustain its war effort, "Putin does not want to lose that support", Asia Society's Lyle Morris told AFP.

"Putin will likely be keen to hear from Xi about China's next step in the Middle East," Morris said, after "Trump signalled clearly that he hopes Beijing will play a leading role".

When it comes to the US-Israeli war on Iran, though, China and Russia may have different priorities.

"(China) relies on the freedom of the world's major waterways to sustain its economic activities, and would prefer that the standoff in the Strait of Hormuz end sooner rather than later," James Char of Singapore's Nanyang Technological University told AFP.

On the other hand, Moscow has "been benefitting economically from the fighting in Iran due to the relaxation of sanctions against Russian energy supplies, so may have a different view", he said.

(A.Berg--BBZ)