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Meeting of Chinese, Russian leaders injects stability into world

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On the afternoon of September 15 local time, Chinese President Xi Jinping held a bilateral meeting with Russian President Vladimir Putin in Samarkand, Uzbekistan, to exchange views on China-Russia relations and international and regional issues of shared interest. It has become a conventional practice for Chinese and Russian heads of state to have bilateral talks on the sidelines of the summits of the Shanghai Cooperation Organisation (SCO). It is not only crucial for the stable development of bilateral relations that the two countries’ heads of state to have regular in-person and in-depth exchanges of views, but it’s also very beneficial for regional peace and stability.

The atmosphere of the meeting was as positive and friendly as usual. President Xi noted that since the beginning of this year, China and Russia have maintained effective strategic communication, and that China will work with Russia to extend strong mutual support on issues concerning each other’s core interests, and deepen practical cooperation in trade, agriculture, connectivity and other areas. President Putin said that the world is undergoing multiple changes, yet the only thing that remains unchanged is the friendship and mutual trust between Russia and China, and the Russia-China comprehensive strategic partnership of coordination is as stable as mountains. As uncertainty significantly increases in today’s international landscape, the China-Russia comprehensive strategic partnership of coordination for a new era has always been on course and has not lost momentum.

China and Russia are each other’s largest neighbors, permanent members of the UN Security Council, and emerging powers. They also share a long border of more than 4,000 kilometers. The China-Russia comprehensive strategic partnership of coordination for a new era, which is based on the principles of “non-alliance, non-confrontation and non-targeting of any third party,” has been subject to interference and provocation.

Both China and Russia are countries with strong strategic determination and autonomy. Moreover, bilateral relations have a strong internal driving force. They have not and will not change their initial intentions and course due to drastic changes in the international pattern or outside pressure. They will always maintain their own logic and rhythm. In particular, the heads of state of China and Russia maintain close contacts and strategic communication in various ways, always leading the ties between the two countries in the right direction of development. The independent and autonomous value of China-Russia relations is both a summary of historical experience and innovation in international relations.

As President Xi pointed out, China will work with Russia to fulfill their responsibilities as major countries and play a leading role in injecting stability into a world of change.

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S. Jack Heffernan Ph.D. Economist at Knightsbridge holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Crypto, Mining, Shipping, Technology and Financial Services.