Since Vladimir Putin launched his full-scale invasion of Ukraine in 2022 and plunged the world into an economic war alongside it, the Russian president has had three asks of his Chinese counterpart, Xi Jinping. The first is political-military support for his war, followed closely by a deal on the Power of Siberia 2 Pipeline and unfettered access to Chinese financial markets. In the past week, Putin has finally come close to securing all three. The Power of Siberia 2 (PoS 2) pipeline is crucial for Russia’s future status as a global energy exporter. The new pipeline, when constructed, is supposed to carry up to 50 billion cubic meters (bcm) annually — and Xi and Putin also agreed to raise the capacity of t
Continue Reading on The Moscow Times
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.