Putin expresses gratitude to China for their peace initiatives in Ukraine | Global News

Russian President Vladimir Putin expressed gratitude towards China for their efforts in finding a solution to the ongoing war in Ukraine. In a joint press conference with Chinese leader Xi Jinping in Beijing, Putin acknowledged the growing economic ties between the two countries.

Addressing the situation in Ukraine, Putin stated, “We are grateful to our Chinese friends and colleagues for the initiatives they are putting forward to resolve this problem.” Despite Moscow’s openness to talks with Ukraine, they maintain that Kyiv must accept Russia’s claim to certain regions.

China has positioned itself as a neutral party in the conflict, seeking to mediate without condemning any side. However, Western countries have criticized Beijing’s peace proposals, suggesting they would benefit Russia’s territorial gains in Ukraine.

During the press conference, Putin also criticized Western-led security alliances in the Asia-Pacific region, highlighting mutual concerns shared by Moscow and Beijing. He emphasized the importance of the growing political and economic partnership between Russia and China since the invasion of Ukraine in 2022.

Despite recent challenges, such as a decline in Chinese exports to Russia due to US threats of sanctions, Putin expressed confidence in strengthening financial cooperation between the two countries. Russian and Chinese banks and payment institutions are expected to enhance their contacts and cooperation.

Overall, Putin’s remarks in Beijing underscored the deepening ties between Russia and China, despite external pressures and challenges. The shared commitment to finding a resolution to the conflict in Ukraine and expanding economic cooperation signals a strong partnership between the two nations.