President Xi Jinping says China is ready to “forge closer partnership” with Russia in energy. china russia kprc2 click2houston politics xijinping
FILE - Chinese President Xi Jinping, right, and Russian President Vladimir Putin talk to each other during their meeting in Beijing, Friday, Feb. 4, 2022. The two leaders used the occasion of the Winter Olympics in Beijing to hold a summit and show solidarity.
China's energy-hungry economy is one of the biggest customers for Russian oil and gas. Purchases more than doubled over a year ago in October to $10.2 billion as Chinese importers took advantage of discounts offered by Moscow. Washington, Europe and Japan cut purchases of Russian energy and expelled the country from the global banking system in retaliation for President Vladimir Putin's Feb. 24 attack on Ukraine.
The sanctions don’t prohibit China, India or other countries from buying Russian oil and gas. But President Joe Biden has warned Xi of unspecified consequences if Beijing helps Putin evade sanctions.
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