Xi Jinping has said China’s friendship with Russia guarantees “strategic balance and peace” in the world, on the second day of his trip to Moscow, the BBC reports. Xi, on his first official overseas trip as leader, has already met President Vladimir Putin. He described the Russian leader as a “good friend”. On Friday, Russia’s state-owned energy firm Rosneft agreed to triple oil supplies to China in return for a USD 2bn loan.
The two countries also agreed a preliminary deal for a gas pipeline to be built, although analysts say they are still a long way from agreeing terms. In recent years, the two nations have also been closely aligned on global political issues. Xi told students at the Moscow State Institute of International Relations that China would continue to oppose interference in the internal affairs of other countries. “We must respect the right of each country in the world to independently choose its path of development,” he said. “Strong high-level Chinese-Russian ties not only meet our interests, but serve as an important, reliable guarantee of international strategic balance and peace.” “We can already say this is a historic visit with positive results,” Vladimir Putin said. Xi was confirmed as China’s president last week, concluding a lengthy transition process that saw him assume the Communist Party leadership in November 2012.