Shunned by America, China's Huawei signs 5G deal with Russia

Shunned by America, China's Huawei signs 5G deal with Russia

Then, Putin and Xi will head to the Bolshoi Theater for an evening performance.

Mr Xi, who will address a flagship investment forum on Friday in the Russian leader's hometown of St. Petersburg, will sign about 30 documents with Mr Putin after the talks focused on trade, investment and energy.

Ties now are "at an unprecedented level", Mr Putin said at the start of the meeting on Wednesday (June 5).

Mr Xi made the remarks to the TASS Russian News Agency and Rossiyskaya Gazeta newspaper ahead of his state visit to Russia.

Bilateral trade increased past year by about a quarter to a record US$108 billion (S$147.34 billion).

Mr Xi brought with him two Chinese pandas which he will donate to the Moscow Zoo.

"These animals are a national symbol for China, and we greatly value this gesture of friendship", he said.

Russian Federation may have had unrealistic expectations from its pivot to the east following Western sanctions over Ukraine, said Alexander Gabuev, who heads the Asia programme at the Carnegie Moscow Center.

Still, Russia needs China much more than the other way round, according to the analyst.

The share of trade with Russian Federation held by China has nearly doubled to 20 per cent since then at Europe's expense.

Politically, the two countries seem consistently aligned and often vote in unison as permanent members of the UN Security Council.

Thanks to the joint efforts from both sides, China-Russia comprehensive strategic partnership of coordination is now at its best in history, serving as a model of living in harmony and win-win cooperation between major countries and neighboring countries, Xi said.

Moscow's ties with Washington have declined sharply over the Ukrainian crisis, the war in Syria and the allegations of Kremlin meddling in the USA 2016 presidential elections, while China is engaged in a spiraling trade war with the U.S. "We confirmed that Russia's and China's stances on key global issues are similar or coincide, as diplomats say".

And after Washington criticised its rights record, Beijing issued a travel warning to Chinese nationals Tuesday about crime and police harassment in the United States.

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