Xi, Putin Draw Closer With Gas Pipeline Breakthrough in US Rebuff
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The flags of Russia and China.
BloombergWith a breakthrough in a massive gas pipeline project, President Vladimir Putin appears to have secured a diplomatic win.
Russian gas giant Gazprom said it has signed an agreement to build the Power of Siberia 2 pipeline that runs through Mongolia and into China. The deal promises to bind Russia and China more closely for decades and could reshape the global gas trade. Beijing has yet to confirm details.