China-Russia bond tightens as Moscow sees Ukraine setbacks

Chinese leader Xi Jinping is set to meet Putin during a regional summit in Uzbekistan this week, in a public show of unity that flies in the face of United States-led campaign to isolate Russia over its war in Ukraine. While Beijing has not explicitly endorsed Moscow’s invasion, it has steadily built economic and strategic ties with Russia over the six months of the war, and President Xi has assured his counterpart of his support of Russian “sovereignty and security”.

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