**Strengthening the Sino-Russian alliance: strategic convergence for global balance**
The recent high-level meeting between Chinese President Xi Jinping and his Russian counterpart Vladimir Putin in Beijing highlighted the growing importance of the strategic partnership between the two powers. The event, organized to celebrate the 75th anniversary of Sino-Russian diplomatic relations, highlighted the strength of bilateral ties and the two countries’ shared ambitions for development and prosperity.
In an engaging speech, President Xi stressed the importance of maintaining stable relations between China and Russia, highlighting the fundamental interests of the two nations as well as their contribution to regional peace, stability and prosperity and global. He affirmed the desire of the two countries to consolidate the friendship between their peoples, pursue mutual development and contribute together to justice and equity in the world.
For his part, President Putin praised the strong bilateral ties and common goals of development and national prosperity shared by China and Russia. He highlighted the success of using national currencies, the ruble and the yuan, in bilateral trade, noting that this practice has significantly strengthened trade between the two countries. Indeed, today, 90% of payments are made in rubles and yuan, which has stimulated trade flows.
The diversity of 80 major joint investment projects in different economic sectors illustrates the depth of economic cooperation between China and Russia. Despite external pressure from some third countries, the two leaders reaffirmed their commitment to a “no limits” relationship, an agreement signed in 2022 just before the Russian military operation in Ukraine.
While China has adopted a neutral position regarding the conflict in Ukraine, it supports Russia’s position that it was provoked by Western actions. The ongoing collaboration between China and Russia remains a crucial factor in their international strategies and regional influence.
In congratulating Putin on his election to a fifth term, Xi Jinping reaffirmed the enduring friendship and partnership between the two nations. They described themselves as “good neighbors, good friends, good partners.” This meeting highlighted the leaders’ shared vision for the future of their countries and their unity in the face of global challenges.
This meeting between China and Russia demonstrates close cooperation, based on shared interests and mutual trust. The China-Russia partnership not only strengthens stability in the region, but also contributes to global balance and the creation of a more just and equitable international order.