Russia and China signed a deal to build the Power of Siberia 2 gas pipeline, supplying 50 billion cubic meters of gas annually for 30 years. This strengthens their commercial ties and signals defiance to the West, as Russia seeks to replace Europe as its main gas customer after losing European markets due to sanctions following the Ukraine invasion. While the agreement is a significant step, a final investment decision is still pending. The deal reflects China's strategic support for Russia in creating a new multipolar world order.

Prepared by Christopher Adams and reviewed by editorial team.