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Latest Business News, Business News India Today | The HinduBusinessLine

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Chinese President Xi Jinping calls for immediate end to a...
By PTI · 2026-05-20 · via Latest Business News, Business News India Today | The HinduBusinessLine
Russian President Vladimir Putin, right, and Chinese President Xi Jinping shake hands during a welcome ceremony at the Great Hall of the People, in Beijing, China, on Wednesday, May 20, 2026. AP/PTI

Russian President Vladimir Putin, right, and Chinese President Xi Jinping shake hands during a welcome ceremony at the Great Hall of the People, in Beijing, China, on Wednesday, May 20, 2026. AP/PTI | Photo Credit: ALEXANDER KAZAKOV

Chinese President Xi Jinping on Wednesday called for an immediate end to hostilities in West Asia, saying the situation had reached a "critical juncture", as he held talks with his Russian counterpart Vladimir Putin here amid escalating regional tensions.

Welcoming Putin at the Great Hall of the People, Xi said renewed fighting in the Gulf and the wider West Asia must be avoided and stressed that negotiations should continue.

An early end to the conflict will help ease disruptions to energy supplies, industrial and supply chains, and the international trade order, the Chinese president said.

The talks between Xi and Putin came days after US President Donald Trump visited China from May 14-15 and held extensive discussions with the Chinese leader on the Iran-Israel conflict, the Strait of Hormuz and bilateral trade frictions.

The meeting is being closely watched as both China and Russia are key strategic partners of Iran with close economic and military ties to Tehran and could influence its tough stand on the closure of the Strait of Hormuz, which has triggered a major global energy crisis.

Xi described the international situation as "fluid and turbulent" and, in an apparent criticism of Trump's policies, said that "unilateralism and hegemonism are resurging".

"Yet peace, development and cooperation remain the aspiration of the people and the prevailing trend of our times," he said.

Calling for closer China-Russia coordination, Xi said the two countries should work together to make the global governance system “more just and reasonable”.

"As permanent members of the UN Security Council and important major countries in the world, China and Russia should take a strategic and long-term perspective, drive the development and revitalisation of our respective countries through comprehensive strategic coordination of even higher quality, and work to make the global governance system more just and reasonable," he said.

Close ties

According to the Kremlin, around 40 deals are expected to be signed during Putin's visit.

Putin, who is making his 25th visit to China, described Xi as his "dear friend" and highlighted the close coordination and cooperation between the two strategic partners.

"Dear Mr President, Mr Xi Jinping, dear friend! It would be appropriate to use a Chinese saying: as far as we know, people in China say, 'One day apart feels like three autumns'," Russian news agency Tass quoted Putin as saying in his opening remarks.

"We are really happy to see you, and we constantly synchronise watches -- both personally and through our aides," he said.

The two leaders also agreed to further extend the China-Russia Treaty of Good-Neighbourliness and Friendly Cooperation, signed 25 years ago.

Xi said the treaty had laid the institutional foundation for long-term friendship and comprehensive strategic coordination between the two countries, adding that bilateral ties had achieved “leapfrog development” since then.

"China supports the further extension of the treaty," Xi said, adding that Beijing will work with Moscow to uphold the spirit of the agreement and firmly advance China-Russia "back-to-back strategic coordination".

Ahead of the talks, Putin was accorded a ceremonial welcome by Xi.

The Russian leader, who arrived in Beijing on Tuesday night, was received by Chinese Foreign Minister Wang Yi.

In a video message issued ahead of his visit, Putin said Russia-China ties had reached an “unprecedented level” and noted that bilateral trade had crossed $200 billion, with transactions increasingly being conducted in roubles and yuan.

He also said the Russia-China strategic partnership played a “major stabilising role” globally and stressed that the two countries would continue coordination through multilateral forums such as the United Nations, Shanghai Cooperation Organisation and BRICS.

Putin's visit comes amid heightened tensions in West Asia following Iran's blockade of the Strait of Hormuz and the US seizure of Iranian ports.

China imports nearly 90 per cent of Iranian oil despite US sanctions, while both Moscow and Beijing maintain close strategic ties with Tehran.

Published on May 20, 2026