Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > China's Xi arrives in Moscow in show of support for Putin after Ukrainian drones target capital
    Headlines

    China's Xi arrives in Moscow in show of support for Putin after Ukrainian drones target capital

    China's Xi arrives in Moscow in show of support for Putin after Ukrainian drones target capital

    Published by Global Banking and Finance Review

    Posted on May 6, 2025

    Featured image for article about Headlines

    By Andrew Osborn and Laurie Chen

    (Reuters) -Chinese President Xi Jinping flew into Moscow on Wednesday for talks with President Vladimir Putin and a pomp-filled visit that Kyiv has made clear it opposes after Ukrainian drones targeted Moscow shortly before he touched down.

    Xi, whose country buys more Russian oil and gas than any other, and which has thrown Moscow an economic lifeline that has helped it navigate Western sanctions imposed over its war in Ukraine, landed at Moscow's Vnukovo-2 airport soon after Russian authorities said they had brought down another Ukrainian drone outside the capital.

    It was the third day Ukraine has targeted Moscow with drones and one of Moscow's main airports was forced to temporarily suspend its activities less than three hours before Xi's arrival.

    When asked during a news briefing about air attacks by both sides on each others' capitals, a spokesperson for the Chinese foreign ministry did not comment on Xi's trip, saying only that the "top priority" was to avoid an escalation in tensions.

    The Kremlin said the attempted Ukrainian attacks on Moscow showed Kyiv's tendency to commit "acts of terrorism" and that Russia's intelligence services and military were doing everything necessary to ensure the security of upcoming World War Two commemorations which Xi is due to attend.

    Ukrainian officials said on Wednesday that Russia had launched its own air attack on Kyiv overnight, killing a mother and her son. Russia says it only targets military objects.

    Xi is the most powerful world leader expected at a military parade on Moscow's Red Square on Friday to mark the 80th anniversary of the victory of the Soviet Union and its allies over Nazi Germany. 

    His visit hands President Vladimir Putin an important diplomatic boost at a time when the Russian leader is keen to show his country is not isolated on the world stage. The Kremlin has touted Xi's presence, along with that of 28 other world leaders, as a sign of Russia's growing global authority.

    But Ukraine's Foreign Ministry - in comments that seemed directed at China whose troops are due to march on Red Square - on Tuesday urged countries not to send their militaries to participate in the May 9 parade, saying such participation would go against some countries' declared neutrality in the war.

    DRONES TARGETED MOSCOW

    Moscow Mayor Sergei Sobyanin said that Russian air defence units had destroyed at least 14 Ukrainian drones headed for the Russian capital overnight. He later said at least two more had been brought down during the day.  

    Xi has called for talks to end the war in Ukraine and has accused the U.S. of stoking the war with weapons supplies to Kyiv. Ukrainian President Volodymyr Zelenskiy has in the past urged him to try to persuade Putin to end the war. 

    Xi is due to hold talks with the Russian leader on Thursday and to join other world leaders for the parade on Friday.

    His visit comes as U.S. President Donald Trump is trying to push Moscow and Kyiv to find a way to end the war in Ukraine, with both sides blaming each other for a lack of progress.

    Locked in a tariff war with the United States, Xi is expected to sign numerous agreements to deepen an already tight strategic partnership with Moscow, which has consistently seen China crowned Russia's biggest trading partner. 

    Despite recent efforts under Trump to reset U.S.-Russia ties, Putin is expected to present a united front with Xi against Washington, whose dominance and "exceptionalism" both countries have questioned, arguing for a more multipolar world. 

    POST-WAR INTERNATIONAL ORDER

    In a signed article published by Russian media on Wednesday, Xi wrote that China and Russia must "firmly maintain the post-war international order." 

    "The two sides should jointly resist any attempt to disrupt and undermine China-Russia friendship and mutual trust," read the text of the article, Chinese state media reported.

    Russian Foreign Ministry spokesperson Maria Zakharova called the visit "one of the central events in Russian-Chinese relations this year."  

    "The World War Two focus is about the post-war international order and now the U.S. is dismantling or undermining it. So China and Russia will frame themselves as the defenders of the international order and the UN system, and oppose U.S. unilateralism and hegemony," said Yun Sun, a China politics analyst at the Stimson Center in Washington.

    In their talks, Putin and Xi will discuss the "most sensitive" issues, including energy cooperation and the proposed but yet to be built Power of Siberia 2 gas pipeline to China, Yuri Ushakov, a top Kremlin aide, said.

    (Reporting by Andrew Osborn; Additional reporting by Laurie Chen and Liz Lee in Beijing and by Dmitry Antonov in MoscowWriting by Andrew OsbornEditing by Tomasz Janowski, Lincoln Feast, Sharon Singleton, William Maclean)

    Related Posts
    US hits ISIS in Syria with large retaliatory strikes, officials say
    US hits ISIS in Syria with large retaliatory strikes, officials say
    Australia PM says Jewish community 'completely unbreakable' six days after Bondi attack
    Australia PM says Jewish community 'completely unbreakable' six days after Bondi attack
    Russia's Dmitriev heading for US to meet Witkoff, Kushner, source says
    Russia's Dmitriev heading for US to meet Witkoff, Kushner, source says
    IMF welcomes EU's 90 billion euro loan to Ukraine, more work to be done
    IMF welcomes EU's 90 billion euro loan to Ukraine, more work to be done
    Israeli attack on school shelter in Gaza City kills 5 Palestinians, hospital chief says
    Israeli attack on school shelter in Gaza City kills 5 Palestinians, hospital chief says
    Russian missiles attack port near Ukraine's Odesa, kill seven, officials say
    Russian missiles attack port near Ukraine's Odesa, kill seven, officials say
    Rubio says new governance bodies for Gaza will be in place soon, followed by international force
    Rubio says new governance bodies for Gaza will be in place soon, followed by international force
    Musk wins appeal that restores 2018 Tesla pay deal now worth about $139 billion
    Musk wins appeal that restores 2018 Tesla pay deal now worth about $139 billion
    US intelligence indicates Putin's war aims in Ukraine are unchanged
    US intelligence indicates Putin's war aims in Ukraine are unchanged
    Bondi attack suspects kept to themselves during Philippines stay, hotel staffer recalls
    Bondi attack suspects kept to themselves during Philippines stay, hotel staffer recalls
    UK author David Walliams dropped by publisher after harassment allegations
    UK author David Walliams dropped by publisher after harassment allegations
    Germany removes dividend ban for Uniper, paving way for IPO
    Germany removes dividend ban for Uniper, paving way for IPO

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostTrading Day: Absent tariff clarity, nerves fray
    Next Headlines PostNorway parliament orders restart to frontier oil and gas exploration licensing

    More from Headlines

    Explore more articles in the Headlines category

    Golden Goose gets new majority owner as China's HSG buys stake from Permira

    Golden Goose gets new majority owner as China's HSG buys stake from Permira

    Rubio says not concerned about escalation with Russia over Venezuela

    Rubio says not concerned about escalation with Russia over Venezuela

    French government to appeal court ruling on Shein

    French government to appeal court ruling on Shein

    Rome to charge tourists to get close to the famed Trevi Fountain

    Rome to charge tourists to get close to the famed Trevi Fountain

    Court in Brazil's Minas Gerais slaps down Nestle copyright lawsuit

    Court in Brazil's Minas Gerais slaps down Nestle copyright lawsuit

    German court jails man for drugging, raping wife, posting assaults online

    German court jails man for drugging, raping wife, posting assaults online

    Rubio says progress has been made in talks to end war in Ukraine, but still a ways to go

    Rubio says progress has been made in talks to end war in Ukraine, but still a ways to go

    UniCredit issues its first tokenised structured note

    UniCredit issues its first tokenised structured note

    Ukraine starts new round of talks with US, Kyiv negotiator says

    Ukraine starts new round of talks with US, Kyiv negotiator says

    Turkey finds Russian Orlan-10 drone in northwestern city – interior ministry

    Turkey finds Russian Orlan-10 drone in northwestern city – interior ministry

    Trump said he has no bigger healthcare plans: Obamacare will 'repeal itself'

    Trump said he has no bigger healthcare plans: Obamacare will 'repeal itself'

    NATO sees positive signs Czech ammunition scheme for Kyiv may continue

    NATO sees positive signs Czech ammunition scheme for Kyiv may continue

    View All Headlines Posts