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Economy News

The Economic Times

Economy / The Economic Times

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Xi plays a masterful hand amid Trumps chaos and Putins decline

Chinese leader Xi Jinping and Russian President Vladimir Putin met in China, projecting unity against US dominance. They signed agreements and criticized US defense policies. However, Russia's economic dependence on China is evident, while China carefully manages its global interests. This summit highlights China's strategic balancing act between the US and Russia.

20 May 2026 9:47 pm