Russia seeks gas pipeline, support in Ukraine, access to markets
CNBC — May 15, 2024, 08:00 AM UTC
Summary: Russian President Vladimir Putin's upcoming state visit to China signifies deepening strategic ties between the two countries. Putin seeks a deal for the Power of Siberia 2 gas pipeline, Chinese support in the Ukraine conflict, and access to Chinese financial markets. This visit is Putin's first overseas trip since starting his fifth term. The Kremlin increasingly relies on China for trade and political backing.
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