China’s Xi seeks to boost investment, expand economic ties with Russia

China’s President Xi Jinping on Tuesday sought to expand mutual investment with Russia and affirmed Beijing’s commitment to advance ties despite “turbulent” external conditions, Chinese state media reported.

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Mr. Xi met Russian Prime Minister Mikhail Mishustin in Beijing at the Great Hall of the People, a day after Chinese Premier Li Qiang held a meeting with Mr. Mishustin in Hangzhou, where Mr. Li said China wanted to strengthen cooperation with Russia and defend shared security interests.

‘The Kremlin has highlighted the significance of Mr. 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.