‘Goodbye Berlin, Hello Beijing’: Putin Moves To Cut Europe's Gas Lifeline In Favour Of China
"Our relations are self-sufficient and protected from external influence." Vladimir Putin and Xi Jinping have just sent a massive shockwave through Western capitals. Meeting in Beijing, the two leaders advanced the monumental Power of Siberia 2 pipeline project—a 2,600km overland system that will permanently divert the Arctic gas once meant for Europe directly into northern China. Driven by Middle East volatility and the paralyzed Strait of Hormuz, Putin announced that Russia-China trade has surged to $240 billion, with transactions now done entirely in rubles and yuan. Watch how the global energy map is being rewritten.
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