The other 'special relationship'? Xi heads to Russia for three-day state visit
The bid to strengthen bilateral ties will continue this week as Chinese President Xi Jinping heads to Russia on Wednesday for top-level talks and a three-day state visit.anniversary of diplomatic relations between the two countries. A number of trade and investment deals are expected to be signed, although a Kremlin spokesperson was unable to give more detail when contacted by CNBC, and Xi will also attend and speak at Russia's annual St. Petersburg International Economic Forum .
Chinese Vice Foreign Minister Zhang Hanhui noted at a press briefing Tuesday that the visit will "be of milestone significance in the development of bilateral relations," and "surely promote greater development ... under the new situation," Xinhua news agency reported.The meeting of the two prominent global powers comes as Russia's relations with the U.S. are at a low ebb amid continuing sanctions on the country, and China's relationship with the U.S.
The international economic forum in St. Petersburg may be one way that Putin and Russia look to showcase the country's potential, but it has already developed strong ties to China. Russia is a partner nation in Chinese economic initiatives such as the Belt and Road infrastructure project and their. The partners have also been promoting settlements in ruble and yuan in an attempt to reduce a reliance on the U.S.
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