Russia and China show united front at economic forum

Young journalists club

News ID: 40485
Publish Date: 18:21 - 07 June 2019
TEHRAN, Jun 7 - Chinese President Xi Jinping appears Friday as guest of honor at Russia's showcase economic forum, as the two neighbors present a united front in the face of shared troubles with the US.

Russia and China show united front at economic forumTEHRAN, Young Journalists Club (YJC) - Xi arrived in Moscow on Wednesday for a three-day visit with Vladimir Putin and described the Russian leader as his "best friend" during a cosy meeting at the Kremlin.

To end the trip, Xi and his host will appear at a plenary session of the annual Saint Petersburg International Economic Forum, which Moscow hopes will woo foreign investors despite an uncertain business climate.

Xi is set to present China's ideas on sustainable development and multilateral cooperation, Beijing said ahead of his appearance.

The 2019 forum "will illustrate very clearly just how bi-polar the world has become," said Chris Weafer, a senior partner at the Macro Advisory consulting firm.

"In the same week that President Trump will be having tea with the Queen in London, President Putin will be hosting President Xi in Saint Petersburg."

The trip comes five years after Moscow's annexation of Ukraine's Crimea peninsula led to a serious rift with the West and a move towards Russia's neighbor to the east.

China meanwhile is locked in a trade war with the United States that has seen Washington impose sweeping duties and move to blacklist companies like tech giant Huawei.

Moscow and Beijing's economic ties have grown in recent years, though they remain heavily weighted in favor of China, which dwarfs Russia in economic and demographic terms.

Source: AFP

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