Stock Market News

Putin says China is Russia’s ally, backs its stance on Taiwan

2024.11.08 04:17

SOCHI, Russia (Reuters) -Russian President Vladimir Putin described China on Thursday as Russia’s ally and threw his weight behind Beijing’s claims over Taiwan, while stating that no countries had anything to fear from deepening Sino-Russian co-operation.

The two countries have not declared a formal military alliance, but Putin and Chinese President Xi Jinping signed a “no limits” partnership deal in 2022, less than three weeks before Putin sent his troops into Ukraine.

In May this year they agreed to deepen what they called their “comprehensive partnership and strategic cooperation” for a new era.

“We do not believe that China is pursuing an aggressive policy in the region,” Putin said at the Valdai discussion club in the Russian Black Sea resort of Sochi.

He suggested that Taiwan was trying to stir up a Ukraine-style crisis in Asia in order to attract outside support.

China views democratically governed Taiwan as its own territory, despite strong objections by the government in Taipei, and regularly holds wargames near the island.

“A lot is going on around Taiwan,” Putin said. “Everyone formally acknowledges, yes, Taiwan is part of China. But in reality? In reality, it is acting in a completely different direction. Provoking the situation towards escalation.

“We do support China. And because of this, we believe that (China) is conducting a completely reasonable policy. And also because it is our ally. We have a very large trade turnover, we co-operate in the security sector.”

Taiwan’s foreign ministry said China and Russia were the real problem.

“The regime of Russia’s Putin launched a war of aggression against Ukraine, leading to misery for Ukraine’s people and sanctions and condemnation from the international community,” it said in a statement.

“China and Russia together continue to undermine the rule-based international order and have become a serious threat to world peace and stability.”

© Reuters. Russian President Vladimir Putin arrives at a plenary session as part of the 21st annual meeting of the Valdai Discussion Club titled 'Lasting peace on what basis? Common security and equal opportunities for development in the 21st century' in Sochi, Krasnodar region, Russia, 07 November 2024.   MAXIM SHIPENKOV/Pool via REUTERS

Putin compared military drills between Russia and China to those the United States holds with Japan.

“These exercises do not threaten anyone,” Putin said. “They are aimed at ensuring our security.”



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 105,052.15 0.68%
ethereum
Ethereum (ETH) $ 3,344.72 1.58%
xrp
XRP (XRP) $ 3.13 1.05%
tether
Tether (USDT) $ 1.00 0.01%
solana
Solana (SOL) $ 258.69 4.42%
bnb
BNB (BNB) $ 688.99 0.76%
dogecoin
Dogecoin (DOGE) $ 0.35379 1.27%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.986487 1.33%
staked-ether
Lido Staked Ether (STETH) $ 3,338.37 1.54%
tron
TRON (TRX) $ 0.253341 1.03%
chainlink
Chainlink (LINK) $ 25.52 2.12%
avalanche-2
Avalanche (AVAX) $ 37.64 6.12%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,982.50 1.48%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 104,712.06 0.29%
hedera-hashgraph
Hedera (HBAR) $ 0.342655 3.61%
stellar
Stellar (XLM) $ 0.421107 1.86%
the-open-network
Toncoin (TON) $ 5.08 0.60%
sui
Sui (SUI) $ 4.17 0.04%
shiba-inu
Shiba Inu (SHIB) $ 0.00002 0.30%
weth
WETH (WETH) $ 3,343.74 1.60%
polkadot
Polkadot (DOT) $ 6.34 0.18%
bitget-token
Bitget Token (BGB) $ 7.71 0.09%
litecoin
Litecoin (LTC) $ 124.07 1.66%
leo-token
LEO Token (LEO) $ 9.75 0.23%
bitcoin-cash
Bitcoin Cash (BCH) $ 441.92 1.47%
hyperliquid
Hyperliquid (HYPE) $ 24.17 9.51%
uniswap
Uniswap (UNI) $ 12.24 0.03%
usds
USDS (USDS) $ 1.00 0.02%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,535.27 1.32%
pepe
Pepe (PEPE) $ 0.000015 0.33%
official-trump
Official Trump (TRUMP) $ 31.04 9.21%
near
NEAR Protocol (NEAR) $ 5.06 2.43%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.00%
aave
Aave (AAVE) $ 330.70 0.49%
aptos
Aptos (APT) $ 8.34 3.35%
mantra-dao
MANTRA (OM) $ 4.77 36.93%
ondo-finance
Ondo (ONDO) $ 1.44 1.09%
internet-computer
Internet Computer (ICP) $ 9.18 0.53%
monero
Monero (XMR) $ 222.96 1.80%
whitebit
WhiteBIT Coin (WBT) $ 28.43 0.25%
ethereum-classic
Ethereum Classic (ETC) $ 26.98 0.52%
mantle
Mantle (MNT) $ 1.20 0.05%
vechain
VeChain (VET) $ 0.047943 0.78%
crypto-com-chain
Cronos (CRO) $ 0.138022 0.22%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.43878 1.50%
render-token
Render (RENDER) $ 7.04 2.53%
dai
Dai (DAI) $ 1.00 0.01%
algorand
Algorand (ALGO) $ 0.407745 1.54%
kaspa
Kaspa (KAS) $ 0.132099 1.42%