Tensions have arisen between Russia and China following Moscow’s request for a loan, as reported by journalists from the People’s Republic of China (PRC).
Over recent years, Russia and China have significantly strengthened their ties, considering each other as close friends and strategic allies on the global stage. They have embarked on numerous joint projects, and the leadership of both states frequently speaks of a partnership without boundaries.
According to Chinese journalists, Moscow’s and Beijing’s relationship is warm, and recently the Russian side asked its neighbor for a delicate favor—to lend money.
China and Russia declared a “no limits” partnership in February 2022 when Putin visited Beijing just days before he sent tens of thousands of troops into Ukraine, triggering the deadliest land war in Europe since World War Two.
Russia is seeking weapons, ammunition, spare parts, aviation parts and drones from China, according to information the Biden administration declassified at the end of February 2023. China’s military aid would directly support Russia’s war in Ukraine.
China approved the provision of lethal aid to Russia for its war in Ukraine but wanted any shipments to remain a secret, according to leaked US government documents.
During the negotiations between the two countries, tensions emerged, as reported by the publication NetEase, according to AB News.
“The behavior of Russia is becoming increasingly incomprehensible,” said the authors of the Chinese publication.
Anton Siluanov, the head of Russia’s Ministry of Finance, recently announced that negotiations were underway with China regarding a loan in yuan for Russia. However, the parties have yet to reach a mutual understanding on this matter.
Shortly thereafter, China’s ambassador to Russia, Zhang Hanhui, confirmed that the sides had been in contact regarding this issue, but negotiations are far from conclusion.
NetEase observers noted that China did not reject the Russian request outright but did not agree to it either. It seems that Beijing is biding its time, which is categorically unsatisfactory to the Kremlin.
On the other hand, China is also displeased with Moscow’s behavior during these negotiations. It appears that Russian President Vladimir Putin is not willing to make concessions and intends to act firmly.
“Russia is not going to be led by China,” stated journalists from the PRC.
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