{"id":6533,"date":"2023-05-24T14:08:02","date_gmt":"2023-05-24T14:08:02","guid":{"rendered":"https:\/\/ameforum.net\/?p=6533"},"modified":"2023-05-24T14:08:30","modified_gmt":"2023-05-24T14:08:30","slug":"russia-china-sign-economic-deals-despite-western-criticism","status":"publish","type":"post","link":"https:\/\/ameforum.net\/en\/russia-china-sign-economic-deals-despite-western-criticism\/","title":{"rendered":"Russia, China sign economic deals despite Western criticism"},"content":{"rendered":"<p>Russia and China have signed a number of economic agreements amid Western criticism over the ties between the two nations as the&nbsp;<a href=\"https:\/\/www.dw.com\/en\/g7-ukraine-dominates-last-day-of-successful-summit\/a-65690763\" target=\"_blank\" rel=\"noopener\">war in Ukraine<\/a>&nbsp;drags on.<\/p>\n\n\n\n<p>Russian Prime Minister Mikhail Mishustin visited China where he met with Chinese President&nbsp;<a href=\"https:\/\/www.dw.com\/en\/xi-jinping\/t-17449321\" target=\"_blank\" rel=\"noopener\">Xi Jinping<\/a>&nbsp;as well as Premier Li Qiang on Wednesday.<\/p>\n\n\n\n<p>Xi told Mishustin that China and&nbsp;<a href=\"https:\/\/www.dw.com\/en\/russia\/t-19065060\" target=\"_blank\" rel=\"noopener\">Russia<\/a>&nbsp;would continue to offer each other &#8220;firm support on issues concerning each other&#8217;s core interests and strengthen collaboration in multilateral arenas.&#8221;<\/p>\n\n\n\n<p>He added that the two countries should &#8220;push cooperation in various fields to a higher level&#8221; and &#8220;raise the level of economic, trade and investment cooperation.&#8221;<\/p>\n\n\n\n<p>During an earlier meeting with Li, Mishustin said that&nbsp;&#8220;relations between Russia and China are at an unprecedented high level.&#8221;<\/p>\n\n\n\n<p>&#8220;They are characterized by mutual respect of each other&#8217;s interests, the desire to jointly respond to challenges, which is associated with increased turbulence in the international arena and the pattern of sensational pressure from the collective West,&#8221; he added.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What did the leaders sign?<\/h2>\n\n\n\n<p>The two leaders signed several memorandums of understanding, including a pact to boost investment cooperation in trade services, an agreement on export of agricultural products to China, and a deal on sports cooperation.<\/p>\n\n\n\n<p>Beijing is Moscow&#8217;s largest trading partner. According to\u00a0Chinese customs data, bilateral trade reached a record $190 billion (\u20ac176 billion) last year.<\/p>\n\n\n\n<p>On Wednesday,&nbsp;Li pointed out that&nbsp;trade between the two countries has&nbsp;already reached $70 billion this year.<\/p>\n\n\n\n<p>&#8220;This is a year-on-year increase of more than 40%,&#8221; the premier said.<\/p>\n\n\n\n<p>&#8220;The scale of investment between the two countries is also continuously upgrading,&#8221; he said. &#8220;Strategic large-scale projects are steadily advancing.&#8221;<\/p>\n\n\n\n<p>China has brushed aside attempts by the West to link its&nbsp;<a href=\"https:\/\/www.dw.com\/en\/opinion-the-wall-of-china-stands-behind-putin\/a-65085594\" target=\"_blank\" rel=\"noopener\">partnership with Russia<\/a>&nbsp;to the war&nbsp;in Ukraine and has stressed that ties between Moscow and Beijing are not in violation of international norms.<\/p>\n\n\n\n<p>&#8220;China is willing to work with Russia to implement the joint cooperation between the two countries, and promoting pragmatic cooperation in various fields can take it to a new level,&#8221; Li told the Russian prime minister.<br><br>(Source: AFP, Reuters)<\/p>","protected":false},"excerpt":{"rendered":"<p>Russia and China have signed a number of economic agreements amid Western criticism over the ties between the two nations as the&nbsp;war in Ukraine&nbsp;drags on. Russian Prime Minister Mikhail Mishustin visited China where he met with Chinese President&nbsp;Xi Jinping&nbsp;as well as Premier Li Qiang on Wednesday. Xi told Mishustin that China and&nbsp;Russia&nbsp;would continue to offer &hellip;<\/p>","protected":false},"author":11,"featured_media":6534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[183,307,172],"tags":[],"class_list":["post-6533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asian-issues","category-main-news","category-172"],"_links":{"self":[{"href":"https:\/\/ameforum.net\/en\/wp-json\/wp\/v2\/posts\/6533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ameforum.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ameforum.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ameforum.net\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/ameforum.net\/en\/wp-json\/wp\/v2\/comments?post=6533"}],"version-history":[{"count":1,"href":"https:\/\/ameforum.net\/en\/wp-json\/wp\/v2\/posts\/6533\/revisions"}],"predecessor-version":[{"id":6536,"href":"https:\/\/ameforum.net\/en\/wp-json\/wp\/v2\/posts\/6533\/revisions\/6536"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ameforum.net\/en\/wp-json\/wp\/v2\/media\/6534"}],"wp:attachment":[{"href":"https:\/\/ameforum.net\/en\/wp-json\/wp\/v2\/media?parent=6533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ameforum.net\/en\/wp-json\/wp\/v2\/categories?post=6533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ameforum.net\/en\/wp-json\/wp\/v2\/tags?post=6533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}