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Putin Praises China's Belt and Road Initiative With Xi in Beijing
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October 19, 2023
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0:29Now PlayingXi Jinping portrayed his signature Belt and Road Initiative as a sweeping alternative to the US-led world order, a vision for global economic cooperation endorsed in person by Russian President Vladimir Putin.
In a speech in Beijing on Wednesday to mark the 10th anniversary of China’s global infrastructure push, Xi criticized unilateral sanctions, geopolitical rivalry and bloc politics. While he didn’t identify any country, the remarks were clear references to US policy toward China in recent years, which Washington has characterized as de-risking but Beijing sees as an effort to thwart its rising power.
Speaking directly after Xi, Putin praised the initiative as in sync with Russia’s goal of a world with interconnected infrastructure in which freedom of trade, investment and labor can be fully ensured.
“Russia and China, like most countries of the world, share the aspiration for equal and mutually beneficial cooperation in order to achieve universal sustainable and long-term economic progress and social well-being while respecting the diversity of civilization and the right of each state to its own development model,” the Russian president said.
“The Chinese idea of Belt and Road logically fits into multilateral efforts to strengthen creative and constructive interaction,” he added.
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