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Putin Arrives in Beijing for Winter Olympics with Gas Supply Deal for China

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INTERNATIONAL: Russian President Vladimir Putin has touched down in Beijing for the 2022 Winter Olympics on Friday, bringing with him a deal to increase natural gas supply to China amid rising tensions with the West.

Putin has told Chinese President Xi Jinping in Beijing that Russia had prepared a new deal to supply China with an additional 10 billion cubic metres of natural gas, according to a broadcast of their talks aired in Moscow.

Russia, one of the global leaders in hydrocarbon supplies, has been strengthening its ties with China, the world's top energy consumer against the backdrop of Moscow's standoff with the West over Ukraine and other issues.

Putin has arrived in the Chinese capital, noting that he had, like China, expressed opposition to the "politicization" of the Games.

The United States and some of its allies have announced a diplomatic boycott of the Games in protest at China's human rights record. China denies any abuses.

Putin and Xi were have lunched together on Friday, and both leaders have signed around 15 agreements, according to the Kremlin, with new deals being prepared in relation to natural gas.

The Olympics, has already transformed by the coronavirus pandemic and to be held within a strictly closed loop, have also been overshadowed by the threat of a Russian invasion of Ukraine.

Russia and China have coordinated their positions on Ukraine during a meeting between their foreign ministers, Wang Yi and Sergei Lavrov, in Beijing on Thursday, the Chinese foreign ministry said. read more

In response, the United States warned Chinese firms that they would face consequences if they sought to evade export controls imposed in Moscow in the event of Russia invading Ukraine. read more

"We have an array of tools that we can deploy if we see foreign companies, including those in China, doing their best to backfill U.S. export control actions, to evade them, to get around them," U.S. State Department spokesman Ned Price told a regular news briefing.

Before Lavrov, Beijing had not received foreign political guests for almost two years as it tried to keep the coronavirus out.


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