Russia and China spent centuries eyeing each other with suspicion. Now, after ten years of energy deals, joint military drills, and one brutal invasion, they’re looking more like business partners than old enemies. What started as a slow diplomatic handshake between Putin and Xi has evolved into a full-body bro-hug that’s making Washington nervous and […]Russia and China spent centuries eyeing each other with suspicion. Now, after ten years of energy deals, joint military drills, and one brutal invasion, they’re looking more like business partners than old enemies. What started as a slow diplomatic handshake between Putin and Xi has evolved into a full-body bro-hug that’s making Washington nervous and […]

Putin, Xi ties are as solid as ever after decade of trade deals and US antagonism

Russia and China spent centuries eyeing each other with suspicion. Now, after ten years of energy deals, joint military drills, and one brutal invasion, they’re looking more like business partners than old enemies.

What started as a slow diplomatic handshake between Putin and Xi has evolved into a full-body bro-hug that’s making Washington nervous and Tokyo even more so.

The two authoritarian states first built up ties slowly after the U.S. invasion of Iraq in 2003, then more openly after the 2008 financial crisis. Both leaders saw those events as signs that American leadership was overrated.

But it wasn’t until 2014, when Russia seized Crimea and got hit with sanctions, that the alliance really took shape. China quickly filled the economic gap left by the West. It bought up Russian oil, gas, and weapons.

Russia sold China its most advanced military systems, including $5 billion worth of S-400 missiles and SU-35 fighter jets.

Putin and Xi coordinate energy, war, and diplomacy

The two leaders have met at least 40 times. In 2019, Xi called Putin his “best friend.” They’ve been photographed making dumplings together in Tianjin and flipping pancakes in Vladivostok. When Xi started his third term in 2023, he picked Moscow for his first foreign trip.

When Putin got re-elected for a fifth term in May 2024, he returned the gesture by flying to Beijing first. They said in a joint statement that relations between their countries were “experiencing the best period in their history.”

At a massive Red Square military parade in Moscow in May 2025, Xi stood beside Putin as Chinese troops marched in celebration of the 80th anniversary of World War II’s end.

They later issued a new warning about the global order, saying “a critical mass of problems and challenges has accumulated in the strategic sphere, and the risk of nuclear conflict has increased.”

That same year, Gazprom’s CEO revealed a new deal for a second Power of Siberia pipeline (this time cutting through Mongolia), connecting Russian gas directly to China.

The original $400 billion Power of Siberia pipeline, signed in 2014 just months after Crimea, had already shifted Russia’s energy exports away from Europe. This next one could upend global gas flows even further.

Trade isn’t the only area where they’ve teamed up. At the United Nations Security Council, Russia and China now regularly block U.S.-led resolutions.

In 2023, they released a joint statement rejecting Western definitions of democracy, saying, “each country has the right to define whether it’s a democracy or not.”

When Putin invaded Ukraine in February 2022, Xi didn’t criticize it either. Instead, he blamed the U.S. and NATO for creating the conditions for war. During a face-to-face in Uzbekistan that September, Putin admitted China had “questions and concerns.” But Beijing didn’t back off. China kept buying oil. Kept selling components. Kept its arms open while Western firms ran for the exits.

In 2024, NATO leaders accused China of being a “decisive enabler” of the war. Xi’s government denied it was supplying weapons, saying it controlled exports with potential military use. But U.S. officials weren’t buying it.

They said China’s support helped Russia keep fighting. Even with Trump back in the White House, that pressure didn’t ease. During a summit in Alaska, Trump asked Putin for a ceasefire. He said no. Trump didn’t follow through on more sanctions.

Tensions between the U.S. and India also gave Xi and Putin an opening. Just this last weekend, they hosted Narendra Modi at the Shanghai Cooperation Organisation summit in Tianjin. Trump had just hit India with tariffs for buying Russian oil.

Modi didn’t back down. Instead, he smiled for cameras with Xi and Putin, who both seized the moment to tighten ties with another frustrated U.S. ally.

If you're reading this, you’re already ahead. Stay there with our newsletter.

Market Opportunity
Moonveil Logo
Moonveil Price(MORE)
$0.002208
$0.002208$0.002208
-5.19%
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

A Netflix ‘KPop Demon Hunters’ Short Film Has Been Rated For Release

A Netflix ‘KPop Demon Hunters’ Short Film Has Been Rated For Release

The post A Netflix ‘KPop Demon Hunters’ Short Film Has Been Rated For Release appeared on BitcoinEthereumNews.com. KPop Demon Hunters Netflix Everyone has wondered what may be the next step for KPop Demon Hunters as an IP, given its record-breaking success on Netflix. Now, the answer may be something exactly no one predicted. According to a new filing with the MPA, something called Debut: A KPop Demon Hunters Story has been rated PG by the ratings body. It’s listed alongside some other films, and this is obviously something that has not been publicly announced. A short film could be well, very short, a few minutes, and likely no more than ten. Even that might be pushing it. Using say, Pixar shorts as a reference, most are between 4 and 8 minutes. The original movie is an hour and 36 minutes. The “Debut” in the title indicates some sort of flashback, perhaps to when HUNTR/X first arrived on the scene before they blew up. Previously, director Maggie Kang has commented about how there were more backstory components that were supposed to be in the film that were cut, but hinted those could be explored in a sequel. But perhaps some may be put into a short here. I very much doubt those scenes were fully produced and simply cut, but perhaps they were finished up for this short film here. When would Debut: KPop Demon Hunters theoretically arrive? I’m not sure the other films on the list are much help. Dead of Winter is out in less than two weeks. Mother Mary does not have a release date. Ne Zha 2 came out earlier this year. I’ve only seen news stories saying The Perfect Gamble was supposed to come out in Q1 2025, but I’ve seen no evidence that it actually has. KPop Demon Hunters Netflix It could be sooner rather than later as Netflix looks to capitalize…
Share
BitcoinEthereumNews2025/09/18 02:23
Bitmine Immersion Technologies (BMNR) stock :soars 5% as $13.4B Crypto Treasury Propels Ethereum Supercycle Vision

Bitmine Immersion Technologies (BMNR) stock :soars 5% as $13.4B Crypto Treasury Propels Ethereum Supercycle Vision

TLDR Bitmine surges 5.18% as $13.4B ETH treasury cements crypto dominance. Bitmine’s $12.6B Ethereum trove fuels bold 5% market ownership goal. Bitmine rebounds strong—ETH hoard drives record treasury valuation. Bitmine’s ETH empire grows to 3M coins, powering stock’s sharp rally. With record ETH and cash reserves, Bitmine solidifies crypto supremacy. Bitmine Immersion Technologies closed 5.18% [...] The post Bitmine Immersion Technologies (BMNR) stock :soars 5% as $13.4B Crypto Treasury Propels Ethereum Supercycle Vision appeared first on CoinCentral.
Share
Coincentral2025/10/14 02:40
Headwind Helps Best Wallet Token

Headwind Helps Best Wallet Token

The post Headwind Helps Best Wallet Token appeared on BitcoinEthereumNews.com. Google has announced the launch of a new open-source protocol called Agent Payments Protocol (AP2) in partnership with Coinbase, the Ethereum Foundation, and 60 other organizations. This allows AI agents to make payments on behalf of users using various methods such as real-time bank transfers, credit and debit cards, and, most importantly, stablecoins. Let’s explore in detail what this could mean for the broader cryptocurrency markets, and also highlight a presale crypto (Best Wallet Token) that could explode as a result of this development. Google’s Push for Stablecoins Agent Payments Protocol (AP2) uses digital contracts known as ‘Intent Mandates’ and ‘Verifiable Credentials’ to ensure that AI agents undertake only those payments authorized by the user. Mandates, by the way, are cryptographically signed, tamper-proof digital contracts that act as verifiable proof of a user’s instruction. For example, let’s say you instruct an AI agent to never spend more than $200 in a single transaction. This instruction is written into an Intent Mandate, which serves as a digital contract. Now, whenever the AI agent tries to make a payment, it must present this mandate as proof of authorization, which will then be verified via the AP2 protocol. Alongside this, Google has also launched the A2A x402 extension to accelerate support for the Web3 ecosystem. This production-ready solution enables agent-based crypto payments and will help reshape the growth of cryptocurrency integration within the AP2 protocol. Google’s inclusion of stablecoins in AP2 is a massive vote of confidence in dollar-pegged cryptocurrencies and a huge step toward making them a mainstream payment option. This widens stablecoin usage beyond trading and speculation, positioning them at the center of the consumption economy. The recent enactment of the GENIUS Act in the U.S. gives stablecoins more structure and legal support. Imagine paying for things like data crawls, per-task…
Share
BitcoinEthereumNews2025/09/18 01:27