Xi and Putin Criticize Trump Missile Shield in Beijing

Chinese President Xi Jinping and Russian President Vladimir Putin signed a joint statement on nuclear security and Taiwan while criticizing the Golden Dome missile defense project. Despite signing agreements on energy and AI chips, the leaders failed to reach a final deal on the Power of Siberia 2 pipeline.

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China and Russia signed 20 cooperation agreements Wednesday morning but reached no breakthrough on a major natural gas pipeline. The summit occurred days after a visit from the United States president, underscoring Beijing's central role in global diplomacy. For investors, the lack of a pipeline timeline delays Russia's pivot to Asian energy markets amid ongoing Western sanctions.

Energy Deadlock and Trade Shifts

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