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Putin arrives in China's 'Little Moscow' on second day of state visit - BBC News Putin arrives in China's 'Little Moscow' on second day of state visit - BBC News
(32 minutes later)
On the second day of Vladimir Putin’s trip to China, the Russian president’s focus is on bilateral trade and how it can give his country’s wartime economy some much-needed support.
As the guest of honour at the Russia-China Expo which will showcase products and investment opportunities from both countries, Putin is expected to deliver the opening address.
Trade between Russia and China has soared to a record $240bn (£191bn) in 2023, as other powers rushed to cut ties with Kremlin following the invasion of Ukraine.
There’s a sizeable trade delegation travelling with Putin, including Finance Minister Anton Siluanov and Central Bank Governor Elvira Nabiullina.
Executives from some of Russia’s largest banks and energy companies are also there, including Sberbank CEO German Gref, businessman Oleg Deripaska, VTB chief Andrei Kostin, Rosneft chief Igor Sechin and Novatek boss Leonid Mikhelson.
You can read more about the Russia-China trade relationship here.
Putin has now moved on to the Russia-China Expo where he has delivered the opening address.
He said energy ties between the two countries will continue to grow, and that his country was ready to supply China with clean energy, according to Reuters news agency.
Moscow is hoping for progress towards signing a deal on the “Power of Siberia 2” pipeline project which would supply China with Russian natural gas.
We'll bring you more lines from his speech as we get them.
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