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
    • 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 © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    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.

    Home > Headlines > China, Russia vow joint response to 'unilateral' sanctions during Russian PM visit
    Headlines

    China, Russia vow joint response to 'unilateral' sanctions during Russian PM visit

    Published by Global Banking & Finance Review®

    Posted on November 4, 2025

    3 min read

    Last updated: January 21, 2026

    China, Russia vow joint response to 'unilateral' sanctions during Russian PM visit - 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:partnershipinvestmentInternational tradefinancial markets

    Quick Summary

    China and Russia pledge a joint response to unilateral sanctions, emphasizing cooperation and mutual investment amid global tensions.

    Table of Contents

    • China-Russia Cooperation on Sanctions
    • Background of the Joint Communique
    • Implications for Global Trade
    • Future of China-Russia Relations

    China and Russia Unite Against Unilateral Sanctions During PM Visit

    China-Russia Cooperation on Sanctions

    BEIJING (Reuters) -China and Russia pledged a joint response to unilateral sanctions during a visit by Russia's Prime Minister, as Chinese President Xi Jinping reaffirmed Beijing's commitment to advancing ties with Moscow despite "turbulent" external conditions.

    Background of the Joint Communique

    "Both sides will make every necessary effort to carry out mutual assistance and cooperation in opposing unilateral coercive measures," Beijing and Moscow said in a joint communique released by China's foreign ministry on Tuesday after a meeting between Premier Li Qiang and his Russian counterpart Mikhail Mishustin the day earlier.

    Implications for Global Trade

    "Any unilateral coercive measures taken by any country or group of countries bypassing UN Security Council resolutions are illegal," it said, adding that such measures cannot be accepted or recognised.

    Future of China-Russia Relations

    China and Russia are both permanent members of the UN Security Council, with power to veto its resolutions.

    The remarks came amid renewed attempts by U.S. President Donald Trump to end Russia's war against Ukraine by pressuring Moscow - and those doing business with Moscow - with sanctions and secondary tariffs.

    Beijing has also consistently sought to consolidate ties with its northern neighbour despite a recently agreed-upon trade truce with the United States.

    In the joint communique, China and Russia stressed the need to "prevent some country from abusing their monopoly and dominant position in specific sectors of the world economy," without naming the U.S. directly.

    RUSSIA WANTS TO STEM A RECENT SLOWDOWN IN TRADE WITH CHINA

    Chinese President Xi met Russian Prime Minister Mikhail Mishustin in Beijing on Tuesday, calling for expanding mutual investment, a day after Premier Li Qiang held a regular meeting with Mishustin in Hangzhou, where Li said China wanted to strengthen cooperation with Russia and defend shared security interests.

    The Kremlin has highlighted the significance of Mishustin's visit at a time when Russia is under major Western sanctions over its war in Ukraine and looking to stem a recent slowdown in trade with China.

    "China-Russia relations have stayed the course toward higher-level and higher-quality development, advancing steadily despite a turbulent external environment," Xi told Mishustin, according to state broadcaster CCTV.

    "Safeguarding, consolidating and developing China-Russia relations is a strategic choice for both sides," Xi said.

    He highlighted industries such as energy, agriculture, aerospace, digital economy and green development where the two countries could advance cooperation and foster new engines of growth.

    Mishustin said it was important for both sides to continue creating favourable conditions for attracting mutual investment and supporting joint projects, according to Russia's TASS news agency.

    CHINA AND RUSSIA SIGNED A "NO-LIMITS" PARTNERSHIP IN 2022

    Xi and Russian President Vladimir Putin signed a "no-limits" partnership in February 2022 days before Putin sent tens of thousands of troops into Ukraine.

    Since then, Russia has turned to China to blunt the impact of sanctions, highlighting record trade, increased settlements in yuan and deepening energy cooperation.

    Bilateral commerce has, however, declined in recent months as China faces mounting U.S. pressure over trade and technology.

    Chinese state oil majors suspended purchases of seaborne Russian oil following U.S. sanctions on Rosneft and Lukoil, Moscow's two biggest oil companies, Reuters reported last month.

    (Reporting by Liz Lee, Ethan Wang and Xiuhao Chen in Beijing, and Lidia Kelly in Melbourne; Editing by Kate Mayberry, Alexandra Hudson)

    Key Takeaways

    • •China and Russia oppose unilateral sanctions.
    • •Xi Jinping reaffirms ties with Russia amid global tensions.
    • •Both nations stress the importance of mutual investment.
    • •China-Russia relations aim for high-quality development.
    • •Trade between China and Russia faces recent challenges.

    Frequently Asked Questions about China, Russia vow joint response to 'unilateral' sanctions during Russian PM visit

    1What is a joint communique?

    A joint communique is an official statement issued by two or more parties, summarizing the outcomes of discussions or agreements made during a meeting.

    2What is the significance of the UN Security Council?

    The UN Security Council is responsible for maintaining international peace and security. It can impose sanctions, authorize military action, and make binding decisions for member states.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Former French minister Lang resigns from Arab World Institute over Epstein ties
    Former French minister Lang resigns from Arab World Institute over Epstein ties
    Image for Hooded protesters throw flares at police at end of demonstration in Olympic host city Milan
    Hooded protesters throw flares at police at end of demonstration in Olympic host city Milan
    Image for Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Image for Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Image for Thousands protest in Berlin in solidarity with Iranian uprisings
    Thousands protest in Berlin in solidarity with Iranian uprisings
    Image for Farmers report 'catastrophic' damage to crops as Storm Marta hits Spain and Portugal
    Farmers report 'catastrophic' damage to crops as Storm Marta hits Spain and Portugal
    Image for France opens probe against ex-culture minister lang after Epstein file dump
    France opens probe against ex-culture minister lang after Epstein file dump
    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Suspected saboteurs hit Italian rail network near Bologna, police say
    Suspected saboteurs hit Italian rail network near Bologna, police say
    Image for Olympics-Protesters in Milan denounce impact of Games on environment
    Olympics-Protesters in Milan denounce impact of Games on environment
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    View All Headlines Posts
    Previous Headlines PostUBS chairman says Switzerland is having an 'identity crisis'
    Next Headlines PostOil settles lower on stronger dollar, fears of oversupply