No Result
View All Result
  • Login
Wednesday, February 4, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Economy

Russia looks to cosy up with China after Trump’s meeting with Xi

by FeeOnlyNews.com
3 months ago
in Economy
Reading Time: 3 mins read
A A
0
Russia looks to cosy up with China after Trump’s meeting with Xi
Share on FacebookShare on TwitterShare on LInkedIn


In this pool photograph distributed by the Russian state agency Sputnik, Russian Prime Minister Mikhail Mishustin (R) arrives at the airport of Hangzhou on November 3, 2025.

Dmitry Astakhov | Afp | Getty Images

Russian officials appeared eager Monday to reaffiirm Moscow’s alliance with China following U.S. President Donald Trump’s high-profile meeting with Xi Jinping.

Hot on the heels of Trump’s talks with Xi last week, which the U.S. president described as “amazing,” Russia has now sent a large delegation of its own to China for deal-making and talks.

Russia’s Prime Minister Mikhail Mishustin arrived in Hangzhou on Monday for two-day talks with his Chinese counterpart, Li Qiang, with the officials signing a range of agreements, Russian state media reported, to deepen cooperation in the fields of trade, investment, energy, transport, agriculture and space.

Calling his Chinese counterpart his “dear friend,” Mishustin said in comments reported by Russian state news agency Ria Novosti, that relations between Russia and China were “at their highest level in their centuries-long history and continue to develop dynamically in all areas, despite various obstacles and illegal Western sanctions.”

For his part, Li Qiang said Beijing was ready to strengthen cooperation with Russia despite obstacles, although he did not specify what he was referring to.

“Despite new external risks and challenges in this process, China and Russia always support each other, build strategic contacts and interactions, and strive to jointly overcome difficulties,” he said, TASS reported. He added that the partnership “demonstrates that China and Russia are good neighbors and reliable partners who can always trust each other.”

China is Russia’s most important and powerful international ally, with Beijing having refused to condemn Moscow’s invasion of Ukraine in 2022 and the ongoing war, echoing Russia’s rhetoric by calling the war a “crisis.”

Just ahead of its invasion of Ukraine, Putin and Xi signed a “no limits” partnership and Russia has looked to leverage that alliance both in terms of geopolitical support and trade partnerships, to lessen the impact of Western sanctions which have curtailed its energy export market.

Chinese President Xi Jinping welcomes Russian President Vladimir Putin during a ceremony at the Shanghai Cooperation Organisation (SCO) summit in Tianjin, China August 31, 2025.

Alexander Kazakov | Via Reuters

Ahead of this week’s trip, the Kremlin said it placed “very great” importance on the talks and it has certainly looked to reflect that in the delegation sent to Asia, with Mishustin accompanied by a range of top officials including his deputies and ministers of finance, agriculture, transport, economic development and trade.

Space and nuclear energy officials were also in tow, with the director general of Roscosmos and head of Rosatom joining the delegation.

Perfect timing?

Russian officials’ two-day visit to China comes just days after Trump’s high-profile meeting with Chinese President Xi last week in which he said the leaders had reached “agreement on many issues.” Xi, meanwhile, said Beijing and Washington should be “partners and friends.”

In what was widely seen as a “trade truce” after months of escalating tensions over tariffs and counter-tariffs, Trump said he reached a 1-year agreement with China on rare earth supplies and he also cut fentanyl-linked tariffs on Beijing by half, taking overall duties on Chinese goods down to 47%.

U.S. President Donald Trump and Chinese President Xi Jinping talk as they leave after a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025.

Evelyn Hockstein | Reuters

Moscow did not publicly comment on the meeting and was likely uncomfortable at the sight of its longtime ally China holding seemingly constructive (and reconstructive) talks with the U.S., with whom it has seen a sharp deterioration of relations in recent weeks.

Trump pulled out of in-person talks that were due to take place with Russian President Vladimir Putin, saying he did not want to “have a wasted meeting,” signaling his frustration with Moscow over a lack of movement on the Ukraine war.

Trump added that the summit had been canceled because “every time I speak to Vladimir, I have good conversations and then they don’t go anywhere.”

Russia was non-plussed by the cancelation, with senior Russian officials blaming Western media and “fake news” for the jettisoned talks.



Source link

Tags: ChinacosyMeetingRussiaTrumps
ShareTweetShare
Previous Post

Earnings Summary: Loews Corporation (L) reports Q3 fiscal 2025 results

Next Post

November Mortgage Outlook: Rates on the Rise

Related Posts

Washington Launches B Rare Earth Minerals Reserve

Washington Launches $12B Rare Earth Minerals Reserve

by FeeOnlyNews.com
February 4, 2026
0

The Trump administration is moving to create what is being described as a strategic stockpile for rare earths and other...

Ukraine & Trump | Armstrong Economics

Ukraine & Trump | Armstrong Economics

by FeeOnlyNews.com
February 3, 2026
0

The letter I  received from Trump, dated January 15th, discusses foreign policy, not domestic economics. It also says thank you...

Coffee Break: Armed Madhouse – The Folly of Bombing Iran

Coffee Break: Armed Madhouse – The Folly of Bombing Iran

by FeeOnlyNews.com
February 3, 2026
0

Escalation talk surrounding a potential U.S. bombing campaign against Iran rests on a familiar premise: that sufficient military bombardment can...

US Military Helping DHS Build Massive Network of ‘Concentration Camps,’ Navy Contract Reveals

US Military Helping DHS Build Massive Network of ‘Concentration Camps,’ Navy Contract Reveals

by FeeOnlyNews.com
February 3, 2026
0

Yves here. The fact presented in the headline is bad enough, but the potential expenditures, even more so, since it...

The Not-So-New Dollar Strategy: Monetize Productivity in Advance

The Not-So-New Dollar Strategy: Monetize Productivity in Advance

by FeeOnlyNews.com
February 3, 2026
0

We have been here before – the Fed monetizing a productivity surge. There are two important differences this time, though,...

Adam Smith Misunderstood the Origins of the Division of Labor

Adam Smith Misunderstood the Origins of the Division of Labor

by FeeOnlyNews.com
February 3, 2026
0

Labor divided into the production of different goods or even into various tasks involved in the production of a single...

Next Post
November Mortgage Outlook: Rates on the Rise

November Mortgage Outlook: Rates on the Rise

The new great game over rare earths

The new great game over rare earths

  • Trending
  • Comments
  • Latest
Self-driving startup Waabi raises up to  billion, partners with Uber to deploy 25,000 robotaxis

Self-driving startup Waabi raises up to $1 billion, partners with Uber to deploy 25,000 robotaxis

January 28, 2026
Student Beans made him a millionaire, a heart condition made this millennial founder rethink life

Student Beans made him a millionaire, a heart condition made this millennial founder rethink life

December 11, 2025
Sellers Are Accepting Even Less

Sellers Are Accepting Even Less

January 23, 2026
Episode 242. “Our couples therapist couldn’t fix this. Please help.”

Episode 242. “Our couples therapist couldn’t fix this. Please help.”

January 6, 2026
US SEC Issues Key Crypto Custody Guidelines For Broker-Dealers

US SEC Issues Key Crypto Custody Guidelines For Broker-Dealers

December 19, 2025
How to sell a minority stake in RIA M&A

How to sell a minority stake in RIA M&A

November 11, 2025
People who hate the sound of chewing have this heightened sensitivity that affects everything

People who hate the sound of chewing have this heightened sensitivity that affects everything

0
Generational Travel Trends | Mintel

Generational Travel Trends | Mintel

0
How financial advisors get quick buy-in from clients

How financial advisors get quick buy-in from clients

0
Washington Launches B Rare Earth Minerals Reserve

Washington Launches $12B Rare Earth Minerals Reserve

0
Supermicro, Eli Lilly stocks pop on upbeat forecasts, AMD and Uber slide

Supermicro, Eli Lilly stocks pop on upbeat forecasts, AMD and Uber slide

0
From Ivory Tower to Investment Toolbox: Why Research Matters

From Ivory Tower to Investment Toolbox: Why Research Matters

0
People who hate the sound of chewing have this heightened sensitivity that affects everything

People who hate the sound of chewing have this heightened sensitivity that affects everything

February 4, 2026
Supermicro, Eli Lilly stocks pop on upbeat forecasts, AMD and Uber slide

Supermicro, Eli Lilly stocks pop on upbeat forecasts, AMD and Uber slide

February 4, 2026
Generational Travel Trends | Mintel

Generational Travel Trends | Mintel

February 4, 2026
Binance completes second batch of Bitcoin conversion, acquires 0M in BTC

Binance completes second batch of Bitcoin conversion, acquires $100M in BTC

February 4, 2026
Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?

Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?

February 4, 2026
‘SaaSpocalypse’: What is Anthropic’s newest AI tool and what are the consequences for global tech companies?

‘SaaSpocalypse’: What is Anthropic’s newest AI tool and what are the consequences for global tech companies?

February 4, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • People who hate the sound of chewing have this heightened sensitivity that affects everything
  • Supermicro, Eli Lilly stocks pop on upbeat forecasts, AMD and Uber slide
  • Generational Travel Trends | Mintel
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.