Putin Shows Support for China’s Taiwan Policy
- February 10, 2022
- Posted by: Quatro Strategies
- Category: Politics
During Russian President Vladimir Putin’s meeting with Chinese President Xi Jinping in Beijing last week, news releases from both sides have underlined Putin’s support for the “One China” principle, an expression used by Beijing to emphasize Taiwan is a part of China that will be reunified one day. Putin’s remarks were also included in the joint statement after the meeting.
Putin’s statements regarding the “One China” policy was likely part of an effort to secure support from Beijing over the Ukraine crisis.
So far, Putin’s effort worked out and President Xi showed his support to Russia over the conflict.
The two sides have also agreed on a new energy deal including oil and natural gas. Under the deal, Russia agreed to supply an additional 10 billion cubic meters of gas to China, increasing the total supply to 48 billion cu. meters a year.
Both sides are happy with the deal as Putin was looking to create an alternative revenue source in case sales to Europe are cut. Xi, on the other hand, gained cooperation regarding Taiwan.
Moreover, if the tensions with Taiwan erupt into an actual military conflict, China’s oil and natural gas supplies could be disrupted by economic sanctions. An energy supply from Russia by land could prevent China’s isolation.
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