Chinese leader Xi Jinping and Russian President Vladimir Putin signed a joint statement “further deepening” their partnership following talks in Moscow Thursday – a show of solidarity in the face of global uncertainties unleashed by US President Donald Trump’s “America First” diplomacy.

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are scheduled to meet with Chinese officials in Switzerland this weekend to discuss their trade relationship. Chinese Vice Premier He Lifeng will be among the Chinese delegation.

Russian ruler Vladimir Putin has stated during talks with Chinese leader Xi Jinping that Russia will welcome Chinese production facilities on its territory. Source: The Moscow Times, an independent Amsterdam-based news outlet Quote from Putin: "Russia has become the world's main importer of Chinese cars.