Putin Praises 'All-Embracing' Partnership of Russia, China
Source: ABC
Russian President Vladimir Putin on Saturday emphasized economic ties with China and praised what he called Russia's "all-embracing and strategic partnership" with its neighbor, during a visit to Beijing that takes place against the background of a drop in trade and lingering mistrust.
Putin told Chinese Premier Li Keqiang that ties were based firmly on common economic interests, a reference to Russian hopes for Chinese investment and purchases of its oil, gas and military exports.
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Leaders from both countries have extolled the blossoming strategic partnership between the former communist rivals, despite a major decline in two-way trade and the failure to materialize of a slew of ambitious projects.
Observers attribute the slow progress to Beijing's hard-nosed bargaining position and the Kremlin's deep-seated suspicions about the growing might of China.
Read more: http://abcnews.go.com/International/wireStory/russian-president-putin-meets-chinese-leaders-40124248
The two largest dictatorships in the world
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