DIRS.INFO The most relevant business & tech news

☆ Putin touts ‘stabilizing’ force of China-Russia ties as Xi hails ‘lasting friendship’ at security summit
▼ + stars: | 2024-07-04 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

“Russian-Chinese cooperation in global affairs serves as a main stabilizing factor on the international stage, and we continue to further enhance it,” Putin said. China has surpassed the European Union to become Russia’s top trade partner, offering a crucial lifeline to its heavily sanctioned economy. The two nuclear-armed neighbors have also continued to hold joint military exercises, including with Iran. Both moves are widely seen as part of a broader push by Xi and Putin to create an alternative world order that is no longer dominated by the West. Xi said Wednesday that China backed Russia’s role as BRICS chair this year in uniting the Global South, preventing a “new Cold War” and opposing hegemonism, according to state-run news agency Xinhua.

Persons: Hong Kong CNN — Russia’s Vladimir Putin, Xi, Putin, ” Putin, “, ’, ” Xi, ” Organizations: Hong Kong CNN, Wednesday, Shanghai Cooperation Organization, SCO, “, Union, Foreign Ministry, West, China, Xinhua Locations: Hong Kong, Kazakhstan, Russia, China, Russian, Moscow, Central Asia, United States, Belarus, Ukraine, Iran, Beijing, North Korea, Europe, “

☆ Slamming China over its stance on Russia and the war, Ukraine might have made a big miscalculation
▼ + stars: | 2024-06-06 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

Ukrainian President Volodymyr Zelenskyy's very public criticism of China over its relationship with Russia and cool stance toward a forthcoming peace summit could end up backfiring on Kyiv, analysts say. China analysts say Zelenskyy's outburst was a risky move that could antagonize and alienate Beijing — and push it closer to Russia. Russian President Vladimir Putin and Chinese President Xi Jinping bid farewell at the end of talks in Beijing, China May 16, 2024. China confirmed last week that it would not send a delegation to the Ukraine peace summit set to be held at the Bürgenstock resort above Lake Lucerne, saying the event does not meet its expectations that both Russia and Ukraine take part. Ukraine's President Volodymyr Zelenskyy speaks with Chinese President Xi Jinping via phone line, in Kyiv on April 26, 2023.

Persons: Volodymyr Zelenskyy's, Zelenskyy, Volodymyr Zelenskyy, Edgar Su, Astrid Nordin, Putin, Xi Jinping, Vladimir Putin, Mikhail Metzel, it's, Mao Ning, Bonnie Glaser, Glaser, Xi, Joe Biden, Kamala Harris, Jake Sullivan, Volodymyr Zelenskiy, Leah Millis Organizations: Beijing, Reuters, Ministry, Chinese International Relations, King's College London, CNBC, Putin, Russian, Via Reuters, Presidential Press Service, Foreign, Asia, German Marshall Fund of, National Security, White Locations: China, Russia, Kyiv, Singapore, Ukraine, Moscow, Switzerland, Reuters China, Beijing, Via, Via Reuters China, Lake Lucerne, United States, Saudi Arabia, California, Hollywood, Moscow . U.S, Washington , U.S

☆ China denies Zelenskyy's claim that Beijing is trying to disrupt Ukraine's peace summit
▼ + stars: | 2024-06-04 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

China's Foreign Ministry spokeswoman Mao Ning attends a press conference at the Ministry of Foreign Affairs in Beijing on January 15, 2024. China has denied allegations by Ukraine's president that Beijing is pressuring other countries not to attend an upcoming Ukraine peace summit, with the foreign ministry claiming that Beijing's position on the matter remains "fair and just." Chinese foreign ministry spokeswoman, Mao Ning, denied those charges on Monday, saying that "hegemonism and power politics are not China's diplomatic style." The peace talks, scheduled to take place in Switzerland on June 15-16, will focus on the over two-year Russian invasion of Ukraine started in February 2022. China has repeatedly called for a cease-fire and dialogue concerning the war in Ukraine, and said it will help facilitate peace talks.

Persons: Mao Ning, Volodymyr Zelenskky, Zelenskyy, Mao Organizations: China's Foreign, Ministry of Foreign Affairs, Sunday Locations: Beijing, China, Ukraine, Singapore, Russia, Asia, Switzerland

[1/2] Venezuela's President Nicolas Maduro gestures during a meeting with Chile's Ambassador to Venezuela Jaime Gazmuri, at Miraflores Palace, in Caracas, Venezuela August 16, 2023. Energy trade, debt repayment and new financing likely are the main focus of the Sept. 8-14 visit, officials and sources said. Beijing's decision to host Maduro coincides with a G20 summit in New Delhi this weekend, which Chinese President Xi Jinping will not attend. In 2020, the Maduro administration and Chinese banks again agreed to a grace period on some $19 billion of Chinese debt, according to Reuters reporting. Despite sanctions on Venezuela, China imported around 390,000 barrels per day of crude from the country between January and August this year, totalling roughly 12.9 million metric tons, data from commodities consultancy Vortexa showed.

Persons: Nicolas Maduro, Venezuela Jaime Gazmuri, Leonardo Fernandez Viloria, Han Zheng, Wang Yi, hegemonism, Han, Pedro Tellechea, Tellechea, Xi Jinping, Maduro, Hugo Chavez's, Joe Biden's, PDVSA, CNPC, Donald Trump, Andrew Hayley, Liz Lee, Joe Cash, Vivian Seuqera, Mayela, Marianna Parraga, Christopher Cushing, Frances Kerry, Marguerita Choy Organizations: REUTERS, Rights, West, Energy, China National Petroleum Corp, Venezuelan, Venezuelan Oil, Shanghai International Energy Exchange, Shanghai Petroleum, Natural Gas Exchange, South, Shanghai, Mayela Armas, Thomson Locations: Venezuela, Miraflores, Caracas, Rights BEIJING, CARACAS, China, OPEC, Beijing, Shanghai, Asia, New Delhi, Malaysia, South American, Houston

On Tuesday, Mr. Putin called for a “multipolar world” in an apparent reference to the role of these countries as a bulwark against Washington. China has made a long-term bet on Mr. Putin as a partner in challenging a global order that is dominated by the United States. India is also a member of a security-focused coalition with the United States called the Quad, which also includes Australia and Japan. For Mr. Modi, the summit was a forum to balance out India’s ties with the United States and other Western allies as it exercises a policy of nonalignment. Mr. Xi and Mr. Modi are bound by an economic interest as Mr. Modi looks to Beijing for answers on the question of how to advance India’s economy.

Persons: Here’s, Vladimir V, Putin, Xi Jinping, Xi, Narendra Modi, Modi Organizations: Shanghai Cooperation Organization, Mr, NATO Locations: Ukraine, China, India, Russia, Moscow, Washington . China, Beijing, United States, Europe, Washington, Australia, Japan, Kyiv . India

☆ Xi tells Putin that road to peace talks on Ukraine will not be smooth
▼ + stars: | 2022-12-30 | by ( ) www.reuters.com time to read: +2 min

BEIJING, Dec 30 (Reuters) - China's President Xi Jinping told Russian counterpart Vladimir Putin on Friday that the road to peace talks on Ukraine would not be smooth and that China would continue to uphold its "objective and fair stance" on the issue. Xi said Beijing and Moscow should closely coordinate and cooperate in international affairs and emphasised Russia's willingness to engage in negotiations over Ukraine, Chinese state broadcaster CCTV said in its report on a call between the two men. Xi, however, made clear on Friday the ideological affinity between Beijing and Moscow when it came to opposing what both view as the hegemonic U.S.-led West. "Facts have repeatedly proved that containment and suppression are unpopular, and sanctions and interference are doomed to failure," Xi told Putin. Reporting by Eduardo Baptista; Editing by Alex Richardson and Philippa FletcherOur Standards: The Thomson Reuters Trust Principles.

Search resuls for: "hegemonism"

6 mentions found