Overview
On 20 May 2026, President Xi Jinping of China hosted President Vladimir Putin at the Great Hall of the People. Both leaders urged an immediate cease‑fire in West Asia and highlighted the need for continued negotiations to stabilise energy supplies and global trade.
Key Developments
- Xi called the situation a "critical juncture" and warned that unilateralism and hegemonism were on the rise.
- The two leaders pledged closer coordination to make the global governance system “more just and reasonable”.
- They agreed to extend the Treaty of Good‑Neighbourliness and Friendly Cooperation, marking its 25th anniversary.
- Putin’s visit is expected to culminate in about 40 agreements covering trade, energy and security.
- Both countries reaffirmed support for multilateral platforms such as the UN Security Council, Shanghai Cooperation Organisation and BRICS.
Important Facts
- China imports nearly 90% of Iranian oil despite U.S. sanctions, underscoring its strategic link to Tehran.
- The recent blockade of the Strait of Hormuz by Iran has heightened global energy concerns.
- U.S. President Donald Trump visited China on 14‑15 May 2026, discussing the Iran‑Israel conflict and trade frictions.
- Putin described Xi as a "dear friend