Xi freezes Putin's Siberian pipeline talks, Russia becomes China's economic colony

China has frozen negotiations with Russia concerning the Power of Siberia 2 gas pipeline, a move that deals a severe economic and geopolitical blow to President Vladimir Putin. The project, intended to significantly increase Russian gas exports to China, is now in complete standstill after Beijing demanded revised terms, including lower prices.

This development marks a stark contrast to the "friendship without borders" proclaimed by Chinese President Xi Jinping and Putin in February 2022, shortly before Russia's full-scale invasion of Ukraine. The suspension of talks underscores the growing limitations on the relationship, particularly as Russia faces mounting pressure from multiple fronts, including devastating Ukrainian attacks on its energy infrastructure.

Xi has reportedly informed the Russian side not to raise the issue of the pipeline until Moscow revises its conditions in China's favor. This stance highlights China's leverage in the relationship and its willingness to prioritize its economic interests. The halt in negotiations further complicates Russia's financial situation, impacting its ability to fund the ongoing war in Ukraine.

The Power of Siberia 2 pipeline was seen as a crucial project for Russia to diversify its energy exports away from Europe and secure a vital economic lifeline. Its current suspension leaves Russia in a more precarious economic and geopolitical position, potentially making it more reliant on China as an economic colony.

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Do not even raise the issue of that pipeline until Moscow corrects its terms in favor of China, and sells gas to it at lower prices.