China hints at ‘closer partnership’ with Russia in energy sector


Source: firstpost.com firstpost.com

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Beijing: China is ready to “forge a closer partnership” with Russia in energy, a state news agency quoted President Xi Jinping as saying in a letter on Tuesday, potentially expanding ties that are likely to irk Washington by helping the Kremlin resist sanctions over its war on Ukraine. The announcement gave no details. It said Xi made the comment in a letter to the 4th China-Russia Energy Business Forum. China’s energy-hungry economy is one of the biggest customers for Russian oil and gas. Purchases more than doubled over a year ago in October to USD 10.2 billion as Chinese importers...