the US-Iran war is costing China
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President Vladimir Putin noted that he and Chinese leader Xi Jinping would discuss bilateral and global issues at their summit in Moscow, as well as Russia’s supply of oil and gas to China, and cooperation within BRICS — the bloc of developing economies that initially included Brazil,
Russia’s government expects to sell natural gas for several years to China at about a third less than the price paid by Europe, underscoring how a pivot to Asia hasn’t fully offset the loss of most of the country’s Western markets.
Russia is ready to increase energy supplies to China ahead of an expected visit by President Vladimir Putin, Russian news agencies quoted Foreign Minister Sergei
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Russia, China veto UN resolution aimed at reopening Strait of Hormuz, hours before Trump deadline
Russia and China vetoed a U.N. resolution to reopen the Strait of Hormuz hours before President Donald Trump's deadline for Iran to stop threatening the vital waterway.
Financed in part by China and France, the project is a prime example of Serbian arbitrage at work. Serbia, an EU candidate country, remains economically linked to the EU but increasingly relies on China to spur economic growth, while ignoring EU demands for reform.
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The growing power imbalance between Russia and China
The Russia–China relationship is often described as cooperative, but it is not equal. China’s economic scale far exceeds Russia’s, giving it significant long-term leverage. This imbalance shapes trade,
The U.S. is racing to develop hypersonic weapons to counter China and Russia, but delays, limited testing and shifting programs are raising concerns.