Putin’s latest visit to China ended in a complete failure as gas pipeline talks collapsed
China has frozen negotiations with Russia over the Power of Siberia 2 pipeline. According to The Wall Street Journal, during Vladimir Putin’s most recent visit to Beijing, Chinese officials asked the Russian delegation not to raise the issue of the project again until the terms of the deal change.
The newspaper reports that Beijing is willing to sign the contract only if Russia agrees to supply gas at domestic Russian prices — a condition Moscow considers economically unacceptable.
The proposed price is around $50 per 1,000 cubic meters, far below Russia’s export rates.
— @nexta_tv Jul 14, 2026
