Russian President Vladimir Putin has praised China’s Belt and Road infrastructure project, which aims to challenge the US-led global order. Putin’s comments came during his attendance at the Third Belt and Road Forum for International Cooperation in Beijing. The project, launched by Chinese President Xi Jinping in 2013, celebrates its 10th anniversary. Putin aligned himself with Xi’s view that the Belt and Road concept integrates into broader international efforts for global collaboration. The forum was attended by delegates from over 130 nations, many of which have been critical of the American-led global economy. Putin’s praise for China and Xi is also driven by his desire to seek support for the ailing Russian economy, which has been hit by Western sanctions following the country’s invasion of Ukraine. Putin hopes to convince Xi to import more gas from Russia, as Beijing currently imports over 45% of its gas requirements.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Asia
Countries	🇨🇳 🇺🇦
Sentiment	neutral
Relevance Score	1
People	Vladimir Putin, Xi Jinping
Companies	Eurasian Economic Union, Gazprom, Shanghai Cooperation Organization, Association of Southeast Asian Nations (ASEAN), Belt and Road Forum for International Cooperation, One Belt One Road
Currencies	US Dollar, Russian Ruble
Securities	None