1 00:00:00,040 --> 00:00:01,880 Speaker 1: Jules eight minutes here before the top of the our 2 00:00:02,000 --> 00:00:05,800 Speaker 1: Chinese president Shi Jinping is re emerging this week alongside 3 00:00:05,920 --> 00:00:09,280 Speaker 1: Russia's President Vladimir Putin. They will have a meeting on 4 00:00:09,320 --> 00:00:11,520 Speaker 1: Thursday that will be the first time they sat down 5 00:00:11,560 --> 00:00:16,160 Speaker 1: together since Russia invaded Ukraine. Joining US Now is Rebecca 6 00:00:16,200 --> 00:00:21,440 Speaker 1: shown Wilkins, Bloomberg's Asia Government and Politics correspondent. Well, it's 7 00:00:21,440 --> 00:00:24,200 Speaker 1: a pretty interesting time, and I think you'd have to say, 8 00:00:24,440 --> 00:00:27,080 Speaker 1: Rebecca that given the losses that we've seen of late 9 00:00:27,760 --> 00:00:32,040 Speaker 1: by Vladimir Putin in Ukraine, that this could give Si 10 00:00:32,120 --> 00:00:35,479 Speaker 1: Jumping the upper hand. What does Shi Jinping want from 11 00:00:35,560 --> 00:00:41,480 Speaker 1: Vladimir Putin? Well, I think the big sort of goal 12 00:00:41,680 --> 00:00:44,240 Speaker 1: from from this type of trip. On the one hand, 13 00:00:44,240 --> 00:00:46,320 Speaker 1: it does seem to sort of be this victory lap 14 00:00:46,400 --> 00:00:49,400 Speaker 1: for sejim Ping ahead of Congress um and a return 15 00:00:49,479 --> 00:00:51,840 Speaker 1: to the global stage. But on the other he does 16 00:00:51,880 --> 00:00:56,280 Speaker 1: seem very keen with projecting his image of an alternative 17 00:00:56,480 --> 00:01:01,440 Speaker 1: world order, and of course Putin very much and Russia 18 00:01:01,520 --> 00:01:05,640 Speaker 1: support very much feeds into that idea. And we've seen 19 00:01:05,800 --> 00:01:09,960 Speaker 1: both comments from Moscow and Beijing sort of apping upping 20 00:01:10,000 --> 00:01:15,160 Speaker 1: the anti on this type of rhetoric around combating the hedgemony, 21 00:01:15,920 --> 00:01:19,479 Speaker 1: count acting as a counterweight to NATO for example, and 22 00:01:19,520 --> 00:01:24,160 Speaker 1: creating this multipolar context. And of course it's those this 23 00:01:24,480 --> 00:01:27,880 Speaker 1: this seeds In Ping and and Vladimer Putin meeting will 24 00:01:28,000 --> 00:01:30,959 Speaker 1: be the centerpiece. I think of this visit is important 25 00:01:31,000 --> 00:01:33,280 Speaker 1: to to understand as well. This is all happening in 26 00:01:33,319 --> 00:01:37,720 Speaker 1: Central Asia where Seedimping, you know, almost nine years to 27 00:01:37,800 --> 00:01:41,880 Speaker 1: the day launched that landmark piece of foreign policy, his 28 00:01:42,040 --> 00:01:46,560 Speaker 1: Belt and Road initiative, mean nine years ago. So again 29 00:01:46,640 --> 00:01:49,640 Speaker 1: we are seeing very much he Jimping coming to lay 30 00:01:49,680 --> 00:01:53,720 Speaker 1: out not just to this sort of clear tilt towards Russia, 31 00:01:53,800 --> 00:01:57,680 Speaker 1: but this much more global vision that he has just 32 00:01:57,880 --> 00:02:01,000 Speaker 1: ahead of that Congress, that issue can mentioned, which is 33 00:02:01,040 --> 00:02:05,600 Speaker 1: coming up mid next month, and we read that Vladimir 34 00:02:05,640 --> 00:02:08,360 Speaker 1: Putin could seek to push through an agreement on the 35 00:02:08,400 --> 00:02:11,880 Speaker 1: power of Siberia too. That's a gas pipeline that would 36 00:02:11,919 --> 00:02:15,760 Speaker 1: carry Russian gas to China. What is the current status 37 00:02:15,760 --> 00:02:19,760 Speaker 1: of that, Yes, indeed, I think that is a big 38 00:02:19,840 --> 00:02:23,600 Speaker 1: question mark. I mean, Russia exports to China have jumped 39 00:02:24,000 --> 00:02:27,360 Speaker 1: nearly fifty percent to forty one billion dollars in the 40 00:02:27,360 --> 00:02:30,040 Speaker 1: first five months of this year. So we have seen 41 00:02:30,160 --> 00:02:35,640 Speaker 1: ties trade ties, certainly between Moscow and Beijing grow this year. 42 00:02:36,240 --> 00:02:39,680 Speaker 1: When it comes to energy in particular, clearly China is 43 00:02:39,840 --> 00:02:43,600 Speaker 1: leaning on Russia to source more of its coal imports 44 00:02:43,600 --> 00:02:47,280 Speaker 1: for example about this year, but saying that, you know, 45 00:02:47,520 --> 00:02:52,240 Speaker 1: China still does primarily rely on on its local minds 46 00:02:52,560 --> 00:02:56,960 Speaker 1: to to supply its coal, and so there is certainly 47 00:02:57,000 --> 00:03:01,880 Speaker 1: a very asymmetric relationship here, even as Russia clearly is 48 00:03:02,000 --> 00:03:06,079 Speaker 1: likely to push for more support from China um and 49 00:03:06,080 --> 00:03:10,400 Speaker 1: obtain more industrial, more technological imports to help fill the 50 00:03:10,840 --> 00:03:14,839 Speaker 1: whole and that void of Western goods because of sanctions. 51 00:03:15,480 --> 00:03:17,360 Speaker 1: On the other side of the coin, we have seen 52 00:03:17,400 --> 00:03:21,320 Speaker 1: plenty of calls from Chinese officials and calls in China 53 00:03:21,760 --> 00:03:26,280 Speaker 1: for Russia to do more to protect civilians in Ukraine. 54 00:03:26,840 --> 00:03:29,880 Speaker 1: Is there any chance that we would see a strong 55 00:03:29,919 --> 00:03:32,959 Speaker 1: pushback from Hi Jimping? I mean, what are we hearing 56 00:03:33,400 --> 00:03:36,920 Speaker 1: about some sort of pushback on the aggressive nature of 57 00:03:37,080 --> 00:03:41,880 Speaker 1: Russia in Ukraine? Well on the whole. Although we have 58 00:03:42,040 --> 00:03:46,640 Speaker 1: seen some of those quite carefully placed comments on you know, repeating, 59 00:03:46,680 --> 00:03:51,360 Speaker 1: I think mainly comments made in the past for compromise 60 00:03:51,440 --> 00:03:56,000 Speaker 1: and for peaceful negotiations and more peaceful resolution. UM. I 61 00:03:56,040 --> 00:03:58,760 Speaker 1: think you know, we from some of China sort of 62 00:03:58,800 --> 00:04:02,400 Speaker 1: top leaders that's number three official for example, UM, it's 63 00:04:02,440 --> 00:04:06,000 Speaker 1: top diplomat, we have seen more sort of comments along 64 00:04:06,280 --> 00:04:11,200 Speaker 1: that promote sort of Russia that and supposedly seemed to 65 00:04:11,240 --> 00:04:15,400 Speaker 1: support and back Russia. UM. I will say it is 66 00:04:15,440 --> 00:04:19,520 Speaker 1: important to note that China itself, in its state media 67 00:04:19,640 --> 00:04:23,760 Speaker 1: and it's sort of readouts from from diplomatic interactions, hasn't 68 00:04:23,880 --> 00:04:27,480 Speaker 1: made that many explicit comments on its willingness to assist 69 00:04:27,680 --> 00:04:33,080 Speaker 1: and specifically is that word assist Ukraine, although Russian readouts have, Yeah, 70 00:04:33,120 --> 00:04:36,680 Speaker 1: it hasn't because it seems that the larger goal is 71 00:04:36,720 --> 00:04:41,960 Speaker 1: that the two stand together countering the West absolutely, and 72 00:04:42,000 --> 00:04:44,800 Speaker 1: I think that is the broader goal here, and and 73 00:04:44,920 --> 00:04:49,120 Speaker 1: China itself, of course, will be very carefully treading this 74 00:04:49,200 --> 00:04:52,520 Speaker 1: line between on the one hand, wanting to support that 75 00:04:52,720 --> 00:04:56,240 Speaker 1: counterweight to the West account way ultimately to a US 76 00:04:56,400 --> 00:05:00,200 Speaker 1: lad world order, but on the other steering very are 77 00:05:00,360 --> 00:05:05,440 Speaker 1: of anything that could risk um invoking sanctions. And if 78 00:05:05,480 --> 00:05:08,800 Speaker 1: you kind of look at the actions that China took 79 00:05:09,000 --> 00:05:11,919 Speaker 1: initially at the outset of the war, they were quite 80 00:05:11,920 --> 00:05:15,279 Speaker 1: careful to sort of severe some some of its links 81 00:05:15,279 --> 00:05:17,919 Speaker 1: and some of its economic links with Russia. So we 82 00:05:18,000 --> 00:05:22,080 Speaker 1: have seen this very delicate balance. Yeah, it is all right, Rebecca. 83 00:05:22,120 --> 00:05:25,760 Speaker 1: Thanks very much for your insights, Rebecca. John Wilkins, Bloomberg Asia, 84 00:05:25,800 --> 00:05:28,320 Speaker 1: Government and Politics corresponded