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China’s Xi Meets Top Russian Lawmaker; CBR to Report Inflation Expectations

RUSSIA
  • Chinese leader Xi Jinping met Vyacheslav Volodin, a top Russian lawmaker. Beijing was willing to work with Moscow so ties featured “comprehensive strategic coordination and mutually beneficial cooperation,” Xi told Volodin as per Xinhua News Agency. Volodin, speaker of the of the Duma, said relations have reached “the best level in history” and that Russia firmly supports China in safeguarding its territorial integrity, according to the report.
  • Contributions into the budget from businesses leaving Russia amounted to RUB65.8bln in 2023, Vedomosti report.
  • President Putin attends a summit of the Collective Security Treaty Organization in Belarus. Gold and forex reserve data is on the docket this afternoon, while the Bank of Russia will report inflation expectations.

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