Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & 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.

    1. Home
    2. >Headlines
    3. >China's Xi hosts 'old friend' Putin, North Korea's Kim in challenge to West
    Headlines

    China's Xi Hosts 'old Friend' Putin, North Korea's Kim in Challenge to West

    Published by Global Banking & Finance Review®

    Posted on September 2, 2025

    5 min read

    Last updated: January 22, 2026

    Add as preferred source on Google
    China's Xi hosts 'old friend' Putin, North Korea's Kim in challenge to West - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

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

    Subscribe

    Tags:Presidentinternational financial institutionfinancial communityeconomic growthInvestment opportunities

    Quick Summary

    Xi Jinping hosts Putin and Kim Jong Un in Beijing, focusing on military and economic cooperation, challenging Western alliances.

    Xi Jinping Welcomes Putin and Kim Jong Un in Defiance of the West

    China's Strategic Alliances in the East

    By Joe Cash

    Military Cooperation Among Allies

    BEIJING (Reuters) -China's President Xi Jinping convened his Russian and North Korean counterparts in Beijing for the first time on Tuesday, a show of solidarity with countries shunned by the West over their role in Europe's worst war in 80 years.

    Economic Agreements and Energy Supply

    Xi hosted Vladimir Putin for talks at the Great Hall of the People and then at his personal residence, calling him his "old friend". A few hours later, Kim Jong Un's armoured train was spotted by a Reuters witness arriving in the Chinese capital.

    Implications for Global Security

    The three are set to take centre stage at a massive military parade on Wednesday, where the Chinese president will flaunt his vision for a new global order as U.S. President Donald Trump's "America First" policies strain Western alliances.

    Beyond the pomp, analysts are watching whether the trio may signal closer defence relations following a pact signed by Russia and North Korea in June 2024, and a similar alliance between Beijing and Pyongyang, an outcome that may alter the military calculus in the Asia-Pacific region.

    It would also be a blow for Trump, who has talked up his close relations with Putin, Xi and Kim and touted his peacemaking credentials as Russia's three-and-a-half-year war with Ukraine has raged on.

    In a thinly veiled swipe at this rival across the Pacific Ocean on Monday, Xi told a summit of more than 20 leaders of non-Western countries: "We must continue to take a clear stand against hegemonism and power politics."

    Xi also held talks on Monday with Prime Minister Narendra Modi of India, whose country has been targeted by Trump over its purchases of Russian oil seen as helping finance Putin's war effort.

    Trump's Treasury Secretary Scott Bessent called the summit "performative" and accused China and India, the biggest buyers of Russian crude, of being "bad actors" by fuelling Russia's war.

    As Putin and Xi met, Russia's Gazprom and China National Petroleum Corporation signed a deal to increase gas supplies and penned an agreement on a new pipeline that could supply China for 30 years.

    The leaders later retired to the Chinese president's personal residence to continue talks. Putin and Kim may also hold a meeting following Kim's arrival, Russia's state news agency TASS reported.

    ALARM BELLS

    At a time when Trump has set his sights on a Nobel Peace Prize, any new concentration of military power in the East that includes Russia will ring alarm bells for the West.

    "Trilateral military exercises between Russia, China and North Korea seem nearly inevitable," wrote Youngjun Kim, an analyst at the U.S.-based National Bureau of Asian Research, in March, citing how the conflict in Ukraine had pushed Moscow and Pyongyang closer.

    "Until a few years ago, China and Russia were important partners in imposing international sanctions on North Korea for its nuclear and missile tests... (they) are now potential military partners of the Democratic People's Republic of Korea during a crisis on the Korean peninsula," he added, using the diplomatically isolated country's official name.

    Kim is an important player in the conflict in Ukraine: the North Korean leader has supplied more than 15,000 troops to support Putin's war.

    In 2024, he also hosted the Russian leader in Pyongyang - the first summit of its kind in 24 years - in a move widely interpreted as a snub to Xi and an attempt to ease his pariah status by reducing North Korea's dependence on China.

    About 600 North Korean soldiers have been killed fighting for Russia in the Kursk region, according to South Korea's intelligence agency, which believes Pyongyang is planning another deployment.

    Putin also told the Shanghai Cooperation Organisation summit in Tianjin that a "fair balance in the security sphere" must be restored, shorthand for Russia's criticism of the eastward expansion of NATO.

    For Kim, the parade will mark the largest multilateral diplomatic event he has ever attended, offering the reclusive young leader an opportunity to gain implicit support for his banned nuclear weapons, and expand his diplomatic circle.

    Before crossing to China early on Tuesday, Kim visited a missile laboratory, described by analysts as a choreographed move.

    The visit was geared towards "showing off (North Korea's) status as a nuclear power" just before "standing alongside Xi and Putin, which is intended to suggest support for North Korea as a nuclear state," said Hong Min, North Korea analyst at the Korea Institute for National Unification.

    Painstaking planning has also gone into China's "Victory Day" parade, marking 80 years since Japan's defeat at the end of World War Two, with downtown Beijing paralysed by security measures and traffic controls for weeks.

    Alongside the showcase of cutting-edge military hardware in front of an estimated 50,000 spectators, authorities plan to release more than 80,000 "peace doves" during the event.

    (Reporting by Joe Cash in Beijing and Lidia Kelly in Melbourne; Writing by John Geddie; Editing by Ryan Woo, Lincoln Feast, Raju Gopalakrishnan and Alex Richardson)

    Table of Contents

    • China's Strategic Alliances in the East
    • Military Cooperation Among Allies
    • Economic Agreements and Energy Supply
    • Implications for Global Security

    Key Takeaways

    • •Xi Jinping hosts Putin and Kim Jong Un in Beijing.
    • •Focus on military cooperation and economic agreements.
    • •Potential shift in global security dynamics.
    • •China and Russia sign new energy supply deals.
    • •Western concerns over Eastern military alliances.

    Frequently Asked Questions about China's Xi hosts 'old friend' Putin, North Korea's Kim in challenge to West

    1What was the purpose of Xi Jinping's meeting with Putin and Kim?

    Xi Jinping convened with Putin and Kim to showcase solidarity among nations shunned by the West and to discuss potential military alliances.

    2
    What agreements were signed between Russia and China during the summit?

    During the summit, Russia's Gazprom and China National Petroleum Corporation signed a deal to increase gas supplies and established an agreement for a new pipeline.

    3How does this meeting affect U.S. relations with these countries?

    The meeting signifies a potential shift in military power dynamics in the East, which could alarm the U.S. as it challenges Trump's narrative of strong relations with these leaders.

    4What military support has North Korea provided to Russia?

    North Korea has supplied more than 15,000 troops to support Russia's war in Ukraine, with reports indicating significant casualties among North Korean soldiers.

    5What event is Xi Jinping planning to showcase military power?

    Xi Jinping is set to showcase military power at a massive parade marking 80 years since Japan's defeat in World War Two, featuring advanced military hardware and symbolic gestures.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Cricket-Bairstow joins Livingstone in criticising level of care in England set-up
    Cricket-Bairstow Joins Livingstone in Criticising Level of Care in England Set-Up
    Image for Mullally to be installed as first female Archbishop of Canterbury
    Mullally to Be Installed as First Female Archbishop of Canterbury
    Image for Cyprus seeks new security deal for UK bases, Telegraph reports
    Cyprus Seeks New Security Deal for UK Bases, Telegraph Reports
    Image for British army veteran completes record 100km Land Rover pull
    British Army Veteran Completes Record 100km Land Rover Pull
    Image for Pope Leo laments that Iran war 'getting worse and worse'
    Pope Leo Laments That Iran War 'getting Worse and Worse'
    Image for Denmark's left-wing bloc leads election but lacks majority, exit polls show
    Denmark's Left-Wing Bloc Leads Election but Lacks Majority, Exit Polls Show
    Image for Moldovan parliament backs energy state of emergency after power line put out of action
    Moldovan Parliament Backs Energy State of Emergency After Power Line Put Out of Action
    Image for US expected to send thousands more soldiers to Middle East, sources say
    US Expected to Send Thousands More Soldiers to Middle East, Sources Say
    Image for Brazil court places Bolsonaro under house arrest on health grounds
    Brazil Court Places Bolsonaro Under House Arrest on Health Grounds
    Image for Analysis-Gulf warnings and fears of miscalculation preceded Trump’s pause in Iran showdown
    Analysis-Gulf Warnings and Fears of Miscalculation Preceded Trump’s Pause in Iran Showdown
    Image for Italian justice undersecretary quits over mafia-linked restaurant scandal
    Italian Justice Undersecretary Quits Over Mafia-Linked Restaurant Scandal
    Image for One killed, 13 injured in Ukrainian drone attack in Russia's Kursk region, governor says
    One Killed, 13 Injured in Ukrainian Drone Attack in Russia's Kursk Region, Governor Says
    View All Headlines Posts
    Previous Headlines PostBelgium to Recognise Palestinian State at UN General Assembly
    Next Headlines PostSoccer-Premier League Clubs Spend Record 3 Billion Pounds in Summer Frenzy