Overview
- Russian President Vladimir Putin met Chinese leader Xi Jinping in Beijing on Wednesday for a two-day state visit that followed President Donald Trump's trip to the capital.
- The two leaders signed roughly 40 cooperation documents and extended their 2001 friendship treaty to publicly deepen political and economic ties.
- Moscow and Beijing reached only a "basic understanding" on the proposed Power of Siberia 2 pipeline with core route and construction parameters agreed but key matters such as pricing, financing and a delivery timetable left unresolved.
- Russian officials reported a sharp rise in oil exports to China, saying shipments climbed about 35% in the first quarter of 2026, and both sides noted growing trade settled in yuan and rubles to reduce dollar exposure.
- Their joint statement condemned unilateral "hegemonic" actions, called for negotiations or ceasefires in the Middle East and urged a diplomatic solution to the Ukraine war, reflecting coordinated geopolitical messaging as China boosts its role as a broker.