Russian President Vladimir Putin said on Friday that the outcome of talks and agreements between the United States and China would affect the global economy, including the Russian economy, noting that trade between Russia and China currently stands at about 240 billion dollars.
Impact extends beyond the two countries
Putin welcomed talks between US President Donald Trump and his Chinese counterpart, Xi Jinping, saying that the outcome of understandings between the world's two largest economies would extend beyond the two countries to the global economy.
The United States and China are the world's two largest economies, and the way contentious issues are resolved, including problems arising from the unlawful sanctions imposed by the United States, as well as the nature of the agreements reached, will all affect the global economy as a whole, including our economy.
The Russian president said trade between Moscow and Beijing continued to grow. Putin and Xi held frequent meetings during the current year, as economic and strategic ties between the two countries deepened, while Russian authorities expect bilateral trade to set a new record in 2026.
Economic and trade issues
Putin's comments came after Trump and Xi met at the White House during a state visit by the Chinese president to the United States between 23 and 25 September. The talks covered bilateral relations, economic and trade issues and artificial intelligence, as well as international and regional issues.
Xi said the two countries had agreed to build a “constructive relationship of strategic stability,” calling for that vision to be translated into practical steps, with cooperation as the main path while keeping competition within appropriate limits and managing differences between the two countries.
Two meetings expected
Trump said on Friday that he would meet Xi again in China in November and then in December during the Group of 20 summit in Miami, saying that the United States and China had “achieved a lot” and would achieve more. He described his latest meeting with the Chinese president as marked by “friendship, strength and success” for the two countries.
Xi's visit to the United States concluded on Friday, with direct contacts between Washington and Beijing continuing, although no major breakthrough was announced on a number of contentious issues.
