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Chinese President Xi Jinping and Russian President Vladimir Putin.

Maxim Shipenkov/Pool via Reuters/File Photo

Putin-Xi “friendship” threatens Arctic

A new report quoted in the Globe and Mail suggests how Vladimir Putin and Xi Jinping’s “friendship without limits” is progressing: Russia is giving very generously in exchange for China buying its oil.

The report by Strider Technologies says China is gaining a major foothold in the Arctic as Russia shifts its defense priorities to the war in Ukraine. Since Putin’s invasion, 234 Chinese-owned companies have registered to operate in the Russian-controlled Arctic, Strider said, an 87% increase on the two years prior. Besides resource exploitation and investment aimed at developing Russia’s Northern Sea shipping route, the two have been deepening security ties in the form of joint exercises in the Bering Sea.

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