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Chinese banks restrict lending to Russia, dealing blow to Moscow
It was a surprising twist and points to potential cracks showing in the relationship between Moscow and Beijing. The two countries are frequently geopolitical allies who have united in the past against the U.S.; they have formed increasingly close bonds over recent years, with Russia a key supplier of energy to China.
The leaders of the two nations – Xi Jinping of China and Vladimir Putin of Russia – spoke on Friday, during which Xi reportedly urged Putin to solve the crisis with negotiations.
"China supports Russia and Ukraine in resolving the issue through negotiation."
It was a surprising twist and points to potential cracks showing in the relationship between Moscow and Beijing. The two countries are frequently geopolitical allies who have united in the past against the U.S.; they have formed increasingly close bonds over recent years, with Russia a key supplier of energy to China.
The leaders of the two nations – Xi Jinping of China and Vladimir Putin of Russia – spoke on Friday, during which Xi reportedly urged Putin to solve the crisis with negotiations.
"China supports Russia and Ukraine in resolving the issue through negotiation."