Since the 1950s the two big superpowers Russia and china, have enjoyed the best relations
these two states have no formal alliance but diplomatic and economic moves are
building up a coalition against the united states of America
the neighbouring countries Russia and china are trade partners and are also nuclear powers
china usually exports machinery and household items to Russia
and imports crude oil from Russia and other forms of energy
this bilateral trade between the two countries rose by 38.5 %
they also have the same stance of opposition with the united states
recent Russia and china relations
the current scenario with Russia has invaded Ukraine
Moscow has a potent ally a robust economic state china
china's oil purchases from Russia had surpassed their limits of purchasing oil from Saudi Arabia
before Russia's military campaign began they announced a year-long deal
to sell millions of tons of coal to china a contract worth more than $20 billion
china also decided to buy wheat from Russia
hours before the Russian bombing began despite the concerns about plant disease
the same pressures are beginning to mount on xi jinping
china tried to keep its head down in the early days of the Russian invasion
perhaps hoping that a brief sharp incursion would not have too many repercussions
however as Russia's bombing of cities have increased in recent weeks
xi jinping has found himself amid two intertwined crises
china's economy is highly vulnerable to market turmoil caused by the war
and subsequent sanctions because
it is the world's largest oil importer and significant food buyer
it also runs the risk of an essential diplomatic backlash
particularly in Europe where many see it as little more than a willing participant in the invasion
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no limits partnership a few weeks ago xi jinping and Russian president vladimir Putin
signed a no-limits partnership in Beijing some of the politicians of the united states.
Europe and Australia have described Beijing as the eastern anchor of the
authoritarian xi jinping stretching around the Eurasian continent
one U.S official described it as the coming out party for their growing allegiance
according to china's president the Sino Russian relationship is stronger than an alliance
according to china's president
but as Putin conducts a bloody and poorly executed invasion of Ukraine
which has tainted Beijing by association that close relationship
is coming at a much higher cost than china ever imagined
although china has discussed playing a mediating role in the war
minor signs appear on reconsidering their relations with Russia
the pressure on Chinese leaders seems to be increasing because of the war
economic challenges for xi jinping Putin's war has thrown even more economic challenges at xi jinping
at a time when the Chinese government is already struggling to meet its lowest annual
economic growth target in three decades
the western world has been outraged by Russia's invasion of the entire country
prompting a more coordinated response in sanctions and sharp price increases in a
wide range of energy and agricultural commodities
many of which china imports in large quantities
the Chinese president has appealed for xi jinping's restraint in Ukraine
and said that all these three states Russia
china and Ukraine need to conduct joint support for peace talks
he further added that western sanctions are exacerbating the commodity price rises
these sanctions will affect the stability of the global financial arena,
energy costs, transportation and supply chains
it will further dampen the global economy that the pandemic has already ravaged
china is one of the largest economies in the world
and it is one of the most vulnerable to the war's consequences
as the world's largest importer of oil
it has seen crude prices which were already high rise by 27% since the conflict began
while Chinese iron ore contracts rose by 25% in the first 10 days
china's energy and resource demands are massive
its crude oil and natural gas imports totalled 2 trillion renminbi
which is 316 billion dollars last year alone and it spent around
1.2 trillion renminbi on iron, ore imports
the world's second largest economy imports about 70% of its oil and 40% of its gas
this also has an impact on the prices of food
wheat and corn prices are also at a record high and make food security
president xi jinping said we should not rely on the international market for food problems
he also noted that Chinese bowls must be filled mainly with Chinese food
this fallout has not only been limited to the economy
xi jinping says significant geopolitical risks are expected to begin an unprecedented third term
while the Chinese communist party congress convenes in October or November
two years ago xi jinping was confronted with difficult questions
about what he knew about the coronavirus pandemic in its early stages
the world now wants to know if Putin told xi jinping about his plans to
invade Ukraine during their February 4 meeting in Beijing to sign their broad joint statement
the European outrage over the war could be dangerous for Beijing
while china's geopolitical rivalry with the united states has heated up in recent years
it has worked hard to prevent Europe from aligning with Washington
it has achieved this in part by luring German and
other foreign companies into its market and in part by employing a divide and rule strategy
however the Russian invasion has brought the us and the EU
closer together in ways that seemed impossible during Donald trump's presidency
since taking office joe Biden has ignored Beijing's demands
to reverse trump's tariffs and technology restrictions
he has maintained a tough stance towards china while rebuilding western alliances
and developing a new security architecture such as the aukas pact
which will provide Australia with submarine nuclear propulsion technology
in broader terms of geopolitical strategy
china needs Russia we cannot say that we support Russia
but we sympathize with Russia if the west successfully cripples Russia
china could be the next stated siman an influential nationalist in Beijing
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