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Putin meets Xi: Why Russia and China need each other | International Trade News

by Asia Today Team
May 20, 2026
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Russian President Vladimir Putin arrived in China on Tuesday night for a two-day go to centred on talks with Chinese language President Xi Jinping, as Moscow and Beijing draw nearer amid struggle, sanctions and an more and more fractured world order.

Putin’s go to is the second face-to-face assembly he has held with Xi in lower than a 12 months and coincides with the twenty fifth anniversary of the 2001 Treaty of Good-Neighborliness and Pleasant Cooperation, the settlement that formalised ties between Russia and China following many years of ideological rivalry and mutual suspicion.

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The go to comes simply days after United States President Donald Trump left Beijing following his personal two-day go to to the Chinese language capital for conferences with Xi.

Each Moscow and Beijing are navigating tough relations with Washington, with analysts saying the unpredictability of Trump’s overseas coverage has had the impact of pushing Russia and China even nearer collectively.

Their deepening partnership additionally comes in opposition to the backdrop of the struggle in Ukraine, mounting tensions round Iran, and disruption to transport by way of the Strait of Hormuz – a disaster that has rattled world power markets and renewed Beijing’s issues over the safety of its oil and fuel provides.

With one of many world’s most strategically very important waterways underneath menace, China has more and more turned in the direction of Russia as a dependable overland power provider.

Analysts say Xi’s determination to host Trump and Putin throughout the area of per week isn’t any coincidence, reflecting Beijing’s try and solid itself as a trusted actor in an more and more fragmented and unstable world order.

How have China-Russia relations modified over the many years?

China and Russia have lengthy occupied a sophisticated place in one another’s histories. As soon as sure collectively by way of communist ideology and shared opposition to Western capitalism, the Soviet Union and Maoist China later grew to become bitter rivals, with tensions alongside their 4,300km (2,670-mile) border bringing the 2 international locations near battle in the course of the Chilly Struggle.

Nonetheless, that border has since reworked from a frontier of insecurity into certainly one of strategic cooperation and commerce.

Neither Xi nor Putin is a frequent worldwide traveller. Putin is the topic of an Worldwide Felony Court docket (ICC) arrest warrant over the struggle in Ukraine, whereas Xi hardly ever leaves China aside from for fastidiously choreographed state visits. However each leaders have invested closely in sustaining private ties with one another.

The 2 have repeatedly known as one another “mates”, and their relationship has deepened, significantly since Russia’s invasion of Ukraine in 2022, which pushed Moscow additional into worldwide isolation and compelled the Kremlin to look southeastwards for commerce amid Western sanctions.

“Russia and China look confidently in the direction of the long run,” Putin mentioned in remarks carried by Russian state media forward of the go to.

He mentioned the 2 international locations have been “actively creating cooperation in politics, economics, defence, increasing cultural exchanges, and fostering interpersonal interplay”.

“In essence, collectively doing every little thing to deepen bilateral cooperation and advance world improvement for the wellbeing of each nations,” Putin added.

Why Russia wants China

China has turn out to be an financial lifeline for Russia because the nation’s economic system has shifted to a wartime footing, with two-way commerce between the international locations greater than doubling between 2020 and 2024, when it reached $237bn for the 12 months.

However the relationship can be uneven. Whereas China is Russia’s largest buying and selling accomplice, Russia accounts for under about 4 p.c of China’s complete worldwide commerce. China’s economic system can be vastly bigger, and Beijing holds significantly extra leverage in negotiations between the 2 sides.

Because the invasion of Ukraine, Moscow has turn out to be more and more reliant on Chinese language know-how and manufacturing. A latest Bloomberg report discovered Russia was sourcing greater than 90 p.c of its sanctioned know-how imports from China, together with elements with army and dual-use functions very important to drone manufacturing and different defence industries.

China has additionally emerged as an important purchaser of Russian oil and different power merchandise at a time when European markets have largely closed to Moscow in response to the Russia-Ukraine struggle. With Western sanctions proscribing Russia’s choices, the Kremlin has few viable alternate options to China’s scale of demand.

Analysts say the imbalance means Beijing is commonly in a position to negotiate from a place of energy, securing entry to Russian oil and fuel at discounted costs whereas increasing its affect over Moscow’s financial future.

INTERACTIVE-What do China and Russia trade most?-sep3-2025 copy 4-1756879426
(Al Jazeera)

Why China nonetheless wants Russia

Whereas the connection is uneven, it’s not one-sided. Russia supplies one thing more and more invaluable in a turbulent world: safe entry to huge power assets past susceptible maritime commerce routes.

The struggle surrounding Iran and disruptions within the Strait of Hormuz have heightened Beijing’s issues over power safety, given China’s heavy dependence on imported oil and fuel passing by way of contested transport lanes.

That has renewed consideration on the proposed Energy of Siberia 2 pipeline, a long-delayed challenge anticipated to function prominently on this week’s discussions.

If accomplished, the pipeline would transport 50 billion cubic metres of Russian fuel yearly to China by way of Mongolia, considerably increasing power flows between the 2 international locations.

However it’s extra than simply an financial relationship. China additionally values Russia as a geopolitical accomplice. Each international locations are everlasting members of the United Nations Safety Council and steadily align diplomatically in opposition to US-led insurance policies.

Whereas analysts say China has been cautious to not turn out to be formally tied to Moscow by way of a inflexible army alliance, the 2 international locations have nonetheless step by step strengthened their partnership by way of more and more common joint army workouts, together with the “Joint Sea” naval drills that started in 2012.

Final 12 months, China and Russia launched recent naval drills within the Sea of Japan close to the Russian port of Vladivostok, with workouts centered on submarine rescue, anti-submarine warfare, air defence, missile defence and maritime fight operations. Analysts say the drills assist sign strategic alignment between Beijing and Moscow with out the mutual defence commitments of a proper alliance.

Consultants say the energy of the partnership lies in its flexibility. Whereas Western governments have usually portrayed the connection as fragile and pushed largely by a shared opposition to the West, analysts say, it might show extra sturdy as a result of it’s rooted in shared financial and strategic pursuits fairly than ideology alone.



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