Kremlin says it has 'serious expectations' for Putin's trip to China - Finance news and analysis from Global Banking & Finance Review
Finance

Kremlin says it has 'serious expectations' for Putin's trip to China

Published by Global Banking & Finance Review

Posted on May 18, 2026

2 min read

· Last updated: May 18, 2026

Add as preferred source on Google

Kremlin Expects Significant Results from Putin’s Trip to China This Week

Strengthening the Russia-China Partnership

High Expectations for Putin’s Visit

MOSCOW, May 18 (Reuters) - Russia has high expectations for President Vladimir Putin's trip to China this week, and the two sides will use it to develop their "privileged partnership", the Kremlin said on Monday.

Putin is to visit China on Tuesday and Wednesday, less than a week after U.S. President Donald Trump went there for talks with President Xi Jinping.

"We have very serious expectations for this visit," Kremlin spokesman Dmitry Peskov said.

The "No Limits" Partnership

The so-called "no limits" partnership between China and Russia, the world's biggest producer of natural resources, has strengthened since the West imposed sanctions to punish Russia for the war in Ukraine.

Strategic and Privileged Relations

"We and our Chinese friends refer to it as a particularly privileged and strategic partnership," Peskov said.

Delegation and Economic Agenda

Key Members of the Russian Delegation

The Russian delegation will include relevant deputy prime ministers, government ministers and company heads, he said.

Discussion of Major Projects

Power of Siberia 2 Gas Pipeline

Peskov was asked if plans would be discussed for the proposed Power of Siberia 2 gas pipeline, which could one day deliver an additional 50 billion cubic metres (bcm) per year from Russia's Arctic gas fields via Mongolia to China.

"All issues that are on the economic agenda of our bilateral relations will naturally be addressed," he replied.

(Reporting by Dmitry Antonov; Writing by Lucy Papachristou; Editing by Mark Trevelyan/Guy Faulconbridge)

Key Takeaways

  • Putin’s state visit to Beijing on May 19–20 aligns with the 25th anniversary of the 2001 Sino‑Russian Treaty on Good‑Neighbourliness, Friendship and Cooperation, underscoring the ceremonial and symbolic weight of the trip. (apnews.com)
  • The Kremlin sees the visit as an opportunity to reinforce a “particularly privileged and strategic partnership,” emphasizing deeper bilateral and economic ties. (themoscowtimes.com)
  • Discussion on economic topics—such as the proposed Power of Siberia 2 gas pipeline—are expected, though the project remains stalled, with key commercial and technical issues still unresolved. (apnews.com)

References

Frequently Asked Questions

Why is President Putin visiting China this week?
President Putin is visiting China to strengthen the 'privileged partnership' between Russia and China and address key economic topics.
What economic issues might be discussed during Putin's visit?
Discussions will include all issues on the bilateral economic agenda, potentially including the Power of Siberia 2 gas pipeline project.
Who will accompany President Putin on his trip to China?
Putin will be accompanied by deputy prime ministers, government ministers, and company heads from Russia.
How has the Russia-China partnership changed recently?
The partnership has deepened, especially since the West imposed sanctions on Russia, with increased economic and strategic cooperation.
What is the Power of Siberia 2 pipeline?
The Power of Siberia 2 is a proposed gas pipeline project that could deliver gas from Russia's Arctic fields to China via Mongolia.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category