Putin begins visit in China underscoring Moscow’s ties with Beijing – Gist It

Putin begins visit in China underscoring Moscow’s ties with Beijing

Russian President Vladimir Putin is in China, solidifying ties and showing support for China’s “Belt and Road” initiative.

Driving the news: Putin’s visit emphasizes China’s support for Russia during its war in Ukraine, and Russia’s backing for China’s push to increase its economic and diplomatic influence abroad.
* Putin was received by an honor guard as he began his visit which is also viewed as a show of backing for China’s “Belt and Road” project.
* Putin will attend a gathering marking the 10th anniversary of the announcement of the “Belt and Road” initiative by Chinese leader Xi Jinping.

International impacts: The relationship between Russia and China has an influence on other global relationships.
* Both parties have formed an informal alliance against the United States and other democratic countries, which is currently affected by the Israel-Hamas conflict.
* Putin and Xi plan to discuss growing economic ties between Moscow and Beijing in energy, high-tech, and financial industries.

Context: The “Belt and Road” initiative is a massive project aimed at building infrastructure globally.
* The initiative has made countries like Zambia and Sri Lanka heavily indebted from contracts with Chinese companies. However, it has also earned praise for bringing development to neglected areas.
* Putin expressed his desire to link the Belt and Road projects with efforts by an economic alliance of former Soviet Union nations mostly located in Central Asia.

Concerns and Expert Opinions: Despite their growing partnership, a full-fledged military alliance between Moscow and Beijing is unlikely.
* Alexander Gabuev, director of the Carnegie Russia Eurasia Center, said that while the expectation of a full military alliance between the two countries is improbable, their defense cooperation will likely increase.
* Gabuev also highlighted that for Russia, China is an essential economic ally, especially with Russia’s ongoing conflict with Ukraine.

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October 17, 2023

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