The move shows even China's "no limits" partners are "averse to becoming a dumping ground for Chinese excess capacity," one analyst said.
China became Russia's sole supplier of gallium, germanium, and stibium, chemical substances needed to produce weapons, including nuclear ones, after the introduction of EU and U.S. sanctions in 2022,
"Our job—where we can'is to provide Latin America with a choice," a U.K. government minister said on Thursday.
Chevron CEO Mike Wirth is urging the Donald Trump White House to maintain the company's license to operate in Venezuela, arguing that China and Russia could fill the void in that scenario. Wirth made the plea after U.
Russia and China are strengthening their cooperation on AI technology. Although China-Russia imports and exports have reached record levels, growth has slowed significantly compared to 2023.
Russia on Friday condemned an executive order by U.S. President Donald Trump to build a new missile defence shield, accusing the United States of trying to upset the global nuclear balance and pave the wave for military confrontation in space.
With Western sanctions cutting off supplies, China has become Russia’s sole source of critical minerals used in weapons production—including nuclear arms—deepening concerns over Beijing’s support for Moscow’s war effort.
Russia has suffered a major economic setback, after China and India halted their purchases of Kremlin oil. Oil and gas revenues are vital sources of revenue, accounting for between a third and half of Russia 's federal budget over the last decade. In particular, these revenues play a key role in helping Putin to finance his war in Ukraine.
China is seeking global leadership in key defence and military technologies amid fierce rivalry with the West - and Russia should learn from it, a Russian think tank has said. "By 2049, we can expect the PRC navy to achieve a combat potential comparable to the US Navy,
Russian President Vladimir Putin has had a call with Chinese President Xi Jinping, emphasizing the two countries’ close ties, a day after Donald Trump was sworn in as the 47th U.S. president.
The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating both short- and medium-term winners and losers.
Investment in Pituffik has been inconsistent, however, and its importance has waned since the Cold War. Renewed attention to Greenland could help the U.S. counter Russia’s growing Arctic dominance and China’s ambitions as a “near-Arctic” power.