{"id":3456,"date":"2023-05-18T10:40:25","date_gmt":"2023-05-18T02:40:25","guid":{"rendered":"https:\/\/findenchina.com\/?p=3456"},"modified":"2023-05-18T10:40:25","modified_gmt":"2023-05-18T02:40:25","slug":"russian-premier-sanctioned-tycoons-to-visit-china-trade-event","status":"publish","type":"post","link":"https:\/\/findenchina.com\/vi\/russian-premier-sanctioned-tycoons-to-visit-china-trade-event\/","title":{"rendered":"Russian Premier, Sanctioned Tycoons to Visit China Forum"},"content":{"rendered":"<p>Russian Prime Minister Mikhail Mishustin will lead a government delegation to China next week to attend a business forum along with sanctioned tycoons as Moscow leans on Beijing to help it withstand economic pressure over the Kremlin\u2019s war in Ukraine.<\/p>\n<p>Mishustin and Deputy Prime Minister Alexander Novak, who\u2019s responsible for energy, will attend the Russia-China Business Forum in Shanghai on May 23, according to people with knowledge of the plans, who asked to remain anonymous as the preparations are confidential.<\/p>\n<p class=\"paywall\">The trip will be Mishustin\u2019s inaugural visit to China since becoming prime minister in 2020 and the first major delegation of Russian business leaders to the country since 2019.<\/p>\n<div class=\"inline-newsletter-middle paywall\"><\/div>\n<p class=\"paywall\">Billionaire Oleg Deripaska plans to go, while fertilizer tycoons Andrey Guryev and Andrey Melnichenko, pipe maker Dmitry Pumpyansky and Alexey Mordashov of steel and mining giant Severstal, have also been invited, the people said. It\u2019s unclear how many of the business leaders, who have all been sanctioned by the US and its allies, will attend in person, though their companies may be represented, the people said.<\/p>\n<div id=\"desktop-in-article-1-RUJ1YTT1UM0W01\" class=\"desktop-in-article page-ad paywall\" tabindex=\"-1\" role=\"presentation\" data-position=\"desktop-in-article\" data-ad-placeholder=\"Advertisement\" data-ad-status=\"rendering\">\n<div id=\"49c7fe9e0feb09ad35c1b8e82d6b0f66\" class=\"bb-ads__ad\"><\/div>\n<\/div>\n<p class=\"paywall\">Heads of some oil and gas companies are also expected to go to the event.<\/p>\n<p class=\"paywall\">A spokesman for Mishustin\u2019s office didn\u2019t respond to a request to comment. Spokespeople for Guryev, Melnichenko, Mordashov and Pumpyansky declined to comment. Deripaska won\u2019t be attending the forum, his spokesman said after publication.<\/p>\n<figure class=\"paywall\" data-id=\"398121082\" data-type=\"image\" data-image-type=\"chart\" data-image-size=\"full\" data-align=\"center\" data-widget-url=\"https:\/\/www.bloomberg.com\/toaster\/v2\/charts\/cd8456f3e8bf4c44a03aa23176787b57.html?brand=politics&amp;webTheme=politics&amp;web=true&amp;hideTitles=true\">\n<div class=\"chart\" data-responsive=\"true\">\n<div class=\"chart-js\">\n<h3 id=\"chinas-exports-to-russia-hit-a-record\" class=\"chart__title\">China&#8217;s Exports to Russia Hit a Record<\/h3>\n<p class=\"chart__subtitle\">After an initial slump following Russia&#8217;s invasion of Ukraine, trade has jumped<\/p>\n<div class=\"chart__container\" data-src=\"https:\/\/www.bloomberg.com\/toaster\/v2\/charts\/cd8456f3e8bf4c44a03aa23176787b57.html?brand=politics&amp;webTheme=politics&amp;web=true&amp;hideTitles=true\" data-toaster-id=\"398121082\"><iframe src=\"https:\/\/www.bloomberg.com\/toaster\/v2\/charts\/cd8456f3e8bf4c44a03aa23176787b57.html?brand=politics&amp;webTheme=politics&amp;web=true&amp;hideTitles=true\" frameborder=\"0\" scrolling=\"no\" data-toaster-id=\"398121082\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<p class=\"chart__source\">Source: China&#8217;s General Administration of Customs<\/p>\n<p class=\"chart__footnote\">Note: Product breakdown of April&#8217;s trade data not available yet<\/p>\n<\/div>\n<\/div>\n<\/figure>\n<p class=\"paywall\">\u201cThe forum is likely to reinforce the narrative about the blossoming economic cooperation between Moscow and Beijing, despite economic sanctions imposed on Russia,\u201d said Vita Spivak, non-resident scholar at the Carnegie Endowment for International Peace. \u201cIn the economic realm, similar to geopolitics, Russia is actively strengthening its dependency on China and is becoming Beijing\u2019s junior partner.\u201d<\/p>\n<p class=\"paywall\"><a title=\"EU Proposes Curbs on Several Chinese Firms for Aiding Russia\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-05-08\/eu-proposes-curbs-on-several-chinese-firms-for-aiding-russia\" target=\"_blank\" rel=\"noopener\">EU Proposes Curbs on Several Chinese Firms for Aiding Russia<\/a><\/p>\n<div class=\"for-you__wrapper paywall\"><\/div>\n<p class=\"paywall\">China has refrained from joining the US-led sanctions campaign against Russia for triggering Europe\u2019s deadliest conflict since World War II. While Beijing has claimed it is neutral on Russia\u2019s war, it has also provided President Vladimir Putin\u2019s government with much-needed political and economic cover as it becomes increasingly isolated internationally.<\/p>\n<p class=\"paywall\">Chinese President Xi Jinping visited Moscow in March, reaffirming his friendship with Putin days after the International Criminal Court issued a warrant for the Russian leader\u2019s arrest on charges of\u00a0<a title=\"Putin Faces War-Crime Warrant Issued by International Court (2)\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-03-17\/international-court-issues-warrant-for-putin-for-war-crime\" target=\"_blank\" rel=\"noopener\">war crimes<\/a>. During the three-day visit, he\u00a0<a title=\"Russian Government website\" href=\"http:\/\/government.ru\/en\/news\/48037\/\" target=\"_blank\" rel=\"noopener\">invited<\/a>\u00a0Mishustin to visit China \u201cas soon as possible\u201d to boost ties with new Chinese premier Li Qiang.<\/p>\n<aside class=\"left-rail-newsletter paywall\"><\/aside>\n<p class=\"paywall\"><a title=\"Why Increasing Russia-China Ties Worry Democracies: QuickTake\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-06-14\/why-increasing-russia-china-ties-worry-democracies-quicktake\" target=\"_blank\" rel=\"noopener\">Why Increasing Russia-China Ties Worry Democracies: QuickTake<\/a><\/p>\n<p class=\"paywall\">Li is expected to hold talks with Mishustin on economic and trade agreements the day after the Shanghai forum, according to a person with knowledge of plans for the visit, who asked not to be identified because the information isn\u2019t public.<\/p>\n<p class=\"paywall\">China\u2019s exports to Russia hit a\u00a0<a class=\"terminal-news-story\" title=\"China\u2019s Exports to Russia Hit Record on Machinery Sales: Chart\" href=\"https:\/\/www.bloomberg.com\/news\/terminal\/RUDMFGT0AFB4\" target=\"_blank\" rel=\"noopener\">record<\/a>\u00a0in April, jumping 153% from a year earlier to $9.6 billion, while the world\u2019s second largest economy imported $9.6 billion worth of oil, gas and other goods, taking total trade to the second-highest level on record.<\/p>\n<p class=\"paywall\">Both Russia and China have kept preparations for the event low profile, with neither side officially announcing Mishustin\u2019s participation or who will join him.<\/p>\n<div id=\"desktop-in-article-2-RUJ1YTT1UM0W01\" class=\"desktop-in-article page-ad paywall\" tabindex=\"-1\" role=\"presentation\" data-position=\"desktop-in-article\" data-ad-placeholder=\"Advertisement\" data-ad-status=\"rendering\">\n<div id=\"cd832b530458b09045ef498bbba816c9\" class=\"bb-ads__ad\"><\/div>\n<\/div>\n<p class=\"paywall\">An agenda for the forum shows a key topic is energy cooperation as a driver for bilateral cooperation. Other spheres of interest are agriculture, industry, transport and digitalization.<\/p>\n<p class=\"paywall\"><em>\u2014 With assistance by Sylvia Westall and James Mayger<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Russian Prime Minister Mikhail Mishustin will lead a government delegation to China next week to attend a business forum along with sanctioned tycoons as Moscow leans on Beijing to help it withstand economic pressure over the Kremlin\u2019s war in Ukraine. Mishustin and Deputy Prime Minister Alexander Novak, who\u2019s responsible for energy, will attend the Russia-China [&hellip;]<\/p>","protected":false},"author":1,"featured_media":3457,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"yst_prominent_words":[],"class_list":["post-3456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/findenchina.com\/vi\/wp-json\/wp\/v2\/posts\/3456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/findenchina.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/findenchina.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/findenchina.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/findenchina.com\/vi\/wp-json\/wp\/v2\/comments?post=3456"}],"version-history":[{"count":1,"href":"https:\/\/findenchina.com\/vi\/wp-json\/wp\/v2\/posts\/3456\/revisions"}],"predecessor-version":[{"id":3458,"href":"https:\/\/findenchina.com\/vi\/wp-json\/wp\/v2\/posts\/3456\/revisions\/3458"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/findenchina.com\/vi\/wp-json\/wp\/v2\/media\/3457"}],"wp:attachment":[{"href":"https:\/\/findenchina.com\/vi\/wp-json\/wp\/v2\/media?parent=3456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/findenchina.com\/vi\/wp-json\/wp\/v2\/categories?post=3456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/findenchina.com\/vi\/wp-json\/wp\/v2\/tags?post=3456"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/findenchina.com\/vi\/wp-json\/wp\/v2\/yst_prominent_words?post=3456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}